Withheld
$226,000
Confidence
High
High
$1,450,000
Medium
$1,300,000
Low
$1,150,000
Confidence
High
"UNDER OFFER RATES Council 2136.26 Water 282.6 SCHOOL CATCHMENTS Parkerville Primary School 4.1km Eastern Hills High School 11.1km FEATURES General Build Year 1970s Total Built Area 346sqm 2.6m Ceilings bedroom wing 3.5m 4.5m Raked Ceilings Slow Combustion Wood Heater Jarrahdale Split Systems AC Fujitsu Carrier NBN Node Blackbutt Parquetry Vinyl Planks beds 12 Ceiling Fans beds 13 Large Living Room Renovated Bathroom spa bath Bedroom 4Office data point Kitchen 5 Burner Gas Stove Double 600mm Ovens Electrolux 900mm Rangehood Corian Benchtops Corner Pantry Glass Tile Splashback Outside Powered Workshop 1924 Cottage Scheme Tank Water Concrete Salt Pool solar heated Solas Hot Water System Beasley Wood Shed Established Gardens Secure Chicken Coop Vegetable Garden Dual Access Disclosure Items The solar panels and inverter have been decommissioned and will not be warranted as working."
-
90.3%
-
-
$50,000
-$32,448
2.9%
2.2%
-14.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,250,000
Stamp Duty
$55,491
Transfer Fee
$453
Conveyancing
$1,535
Deposit (10%)
$125,000
Reg. Mortgage
$203
LMI Premium
$39,113
Renovation Costs
-
Total Cash/Equity Required
$222,345
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+8.2% PA
$2,985
$4,248
Rates
+3.0% PA
$1,814
$2,367
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$27,896
$40,359
Interest Repayments
$74,250
$74,250
Net Cashflow Before Tax
-$46,354
-$33,891
Depreciation
-
-
Tax Offset
-$13,906
-$10,167
Net Cashflow After Tax
-$32,448
-$23,724
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,388,400
$2,509,897
Loan Balance
I.O
$1,125,000
$1,125,000
$263,400
$1,384,897
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2021 Population
Suburbs
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 10.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply