$729K
$125,167
Confidence
Medium
High
$424,000
Medium
$400,000
Low
$376,000
Confidence
Medium
"A hillside home with open plan living, 4 bedrooms, pool and a big powered workshop. INSIDE A beautiful sitting sunroom is light filled and has wide views of the trees that surround the property. A convenient study next to the front door, with those tree views the perfect calming work companion. Connected by glass windows to the sunroom, an open plan living area is the heart of the home, with big windows providing more light and views of the trees outside. A split system airconditioner provides climate control, no matter the weather. The galley kitchen has been renovated, with a big fridge recess, builtin pantry, dishwasher and stainless steel oven and stove. Two bedrooms are large and either could be considered the master room, with builtin robes, and one has a splitsystem airconditioner. The other two bedrooms are wellsized, with one also having builtin robes, the other a sliding door access to the alfresco. Let the kids decide which is better The bathroom has fullheight tiling, with a larger shower and vanity. OUTSIDE On 1980sqm tucked down off the street behind gates, this home has privacy and quiet written all over it. Trees and multiple areas for activities typify the property and create a lovely aspect to look out from the home. Move from the living areas into the paved alfresco, with an artificial turf lawn terrace for lowmaintenance, easyuse entertaining. A lovely refurbished saltwater pool beckons for some summer fun, coming soon after all this rain Water flows from a quaint water wheel feature, under a storybook bridge and down alongside the driveway to the huge 3 phase powered workshop, with plenty of room for storage and handyman activities, or sheltered parking alongside for vehicles or the caravan. A garden shed for additional storage also. LOCATION Located in the hills above Martin, amongst similar sized or large properties, you are away from the hustle and bustle and on the edge of endless bush. Convenience isnt far away though, with Tonkin Hwy only minutes away with its metro access. Kelmscott and Gosnells town centres are both under 10 minutes away with shops and public transport available. INVESTORS House will be vacant at settlement. Current Rental Appraisal is 650700pw. We have lots of tenants that are looking for properties like this one HOW TO VIEW We have a walkthrough video that we can share with you, and local buyers are welcome to inspect the property in person. Enquire to book your viewing. PROPERTY FEATURES Gated Privacy Saltwater Pool 8x8.5m 3Phase Powered Workshop 9x5m Carport PROPERTY PARTICULARS Build Year 1967 Block Size 1980 sqm Living Size 147 sqm Zoning General Rural Water Rates 282pa Rental Appraisal 650700pw all values are approximated"
-
89.8%
$825K
4.6%
-$330,000
-$22,243
2.5%
1.6%
-17.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$729,000
Estimated Purchase Price
$730,000
Stamp Duty
$28,711
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$73,000
Reg. Mortgage
$203
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$125,167
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.2% PA
$1,492
$2,124
Rates
+3.0% PA
$1,417
$1,849
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
$11,586
$17,097
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$31,776
-$26,265
Depreciation
-
-
Tax Offset
-$9,533
-$7,879
Net Cashflow After Tax
-$22,243
-$18,385
Assumptions
Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$657,000
$657,000
-$229,800
$115,276
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 13.0%
Construction - 11.0%
Health Care and Social Assistance - 11.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price