Withheld
$138,688
Confidence
High
High
$670,000
Medium
$635,000
Low
$600,000
Confidence
High
"Built in 1935, this charming character home, much loved by its current owners, is now ready to be sold INSIDE This beautiful home boasts three spacious bedrooms and one bathroom, offering all the warmth and character youd expect from a home of this era. The original timber flooring throughout brings a natural, rustic feel. The ornate high ceilings and detailed cornices throughout, enhance the spacious and airy feel to the home. The kitchen, though full of character, is equipped with modern conveniences and plenty of storage, making it the perfect space for preparing family meals. It flows seamlessly into the openplan dining and living areas, ensuring a practical layout for everyday living. The lounge area is cozy with a feature ceiling and original fireplace mantel, great for relaxing evenings or hosting guests. The bathroom retains its clawfoot bathtub, adding to the homes vintage charm, alongside a modern shower and vanity. The separate laundry room is functional with ample storage. OUTSIDE Situated on a 2028sqm block, this property offers ample space for outdoor living. The undercover alfresco area is ideal for hosting barbecues and entertaining yearround, while the expansive backyard offers endless possibilities for the keen gardener or those with children and pets. A powered workshop provides the perfect space for projects or additional storage. For the creative at heart, the property also features a soundproof music studio, making it an ideal setup for musicians or hobbyists. LOCATION Nestled in the quiet, country town of Mundijong, this property combines peaceful living with convenience. Shops, schools, and public transport are all close by, with easy access to major roads making commuting a breeze. HOW TO VIEW This property is available to view by appointment only. Please enquire to book your private viewing. FEATURES Character charm with timber flooring and high ceilings 3 bedrooms, 1 bathroom Soundproof music studioworkshop Spacious backyard on a 2028sqm block Undercover alfresco for yearround entertaining PROPERTY PARTICULARS Build Year 1935 Block Size 2028 sqm Water Rates 282 pa Council Rates 2063 pa Rental Estimate 600650 pwk all values are approximated"
-
76.4%
$605K
5.6%
-$65,000
-$15,660
3.6%
2.7%
-13.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$699,000
Estimated Purchase Price
$700,000
Stamp Duty
$27,265
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$70,000
Reg. Mortgage
$203
LMI Premium
$19,960
Renovation Costs
-
Total Cash/Equity Required
$119,846
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+8.2% PA
$2,047
$2,913
Rates
+3.0% PA
-
-
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
$19,208
$27,779
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$22,372
-$13,801
Depreciation
-
-
Tax Offset
-$6,712
-$4,140
Net Cashflow After Tax
-$15,660
-$9,661
Assumptions
Year 1
Year 10
Property Value
6.8%
$678,180
$1,225,988
Loan Balance
I.O
$630,000
$630,000
$48,180
$595,988
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2021 Population
Suburbs
Construction - 16.0%
Education and Training - 13.0%
Agriculture, Forestry and Fishing - 10.0%
Public Administration and Safety - 7.0%
Others - 54.0%
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