$623K
$130,648
"Enjoy your new home in a safe and inviting subdivsion in Horsham. Close to a day care and primary school and only short distance to the centre of town. The compact and stylish, the Amandari, exclusive to G.J. Gardner Homes is designed to suit compact sites and provides good use of space with functional practical living. The Master Bedroom at the rear of the home is well separated with a well appointed ensuite and walk in robe. Two additional bedrooms are positioned to the front with a family bathroom. The open plan living area flows seamlessly from the kitchen dining and family space out onto a covered Alfresco area. Allow yourself to imagine the lifestyle youve always wanted in the home you deserve The Amandari design offers individually crafted facades that will inspire you by providing a choice of homes that reflect your personal lifestyle and preferences. For optimal site use, this design is best positioned on sites with the north aspect towards the rear and side, providing sustainable and comfortable living conditions throughout the year."
Below are some similar properties in the area you may be interested in.
1.9%
78%
$429K
5.5%
-$95,000
-$17,683
3.3%
2.3%
-13.5%
6.0%
Asking Price
$623,690
Estimated Purchase Price
$700,000
Stamp Duty
$37,070
Transfer Fee
$1,744
Conveyancing
$1,196
Deposit (10%)
$70,000
Reg. Mortgage
$129
LMI Premium
$19,960
Renovation Costs
-
Total Cash/Equity Required
$130,648
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$2,015
$2,629
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,318
$23,852
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$25,262
-$17,728
Depreciation
-
-
Tax Offset
-$7,579
-$5,318
Net Cashflow After Tax
-$17,683
-$12,410
Assumptions
Year 1
Year 10
Property Value
6.8%
$646,140
$1,168,067
Loan Balance
I.O
$630,000
$630,000
$16,140
$538,067
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 8.0%
Accommodation and Food Services - 7.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price