$799K
$145,888
Confidence
High
High
$1,080,000
Medium
$980,000
Low
$880,000
Confidence
Medium
"Discover your dream home at 16 Esther Street, Eden Hill a spacious 4bedroom, 2bathroom residence built in 2006. Perfectly positioned on a generous 779m parcel of land, this property offers potential for development subject to council approval with its R2040 zoning STCA. Key Features New Carpets Fresh Paint Enjoy the fresh look and feel throughout the home with brand new carpets and a fresh coat of paint. Floorboards in Living Areas The main family living areas feature stylish and easytomaintain floorboards. Front Theatre Room Perfect for movie nights or as a cozy retreat. KingSize Master Bedroom A spacious master suite providing a serene escape. Generous Sized Minor Rooms Plenty of space for family or guests. Ducted Evaporative Air Conditioning Stay cool and comfortable all year round. Open Plan Living A bright and airy layout thats perfect for entertaining. Great Sized Kitchen Ample bench space and storage for the home chef. Paved Outdoor Area Ideal for alfresco dining and entertaining. Rear Garden A blank canvas ready for your personal touch. Located in a peaceful neighbourhood, this home is close to schools, parks, shopping, and public transport, offering convenience and a great lifestyle. Dont miss out on this fantastic opportunity Contact us today to find out more about this property and make 16 Esther Street, Eden Hill your new address. Disclaimer All development opportunities are subject to local council approval."
3.9%
64.9%
$540K
5.3%
$135,000
-$22,276
3.1%
2.2%
-15.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$799,000
Estimated Purchase Price
$845,000
Stamp Duty
$34,633
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$84,500
Reg. Mortgage
$203
LMI Premium
$24,094
Renovation Costs
-
Total Cash/Equity Required
$145,888
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+8.2% PA
$2,132
$3,035
Rates
+3.0% PA
$1,793
$2,339
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
$18,370
$26,798
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$31,823
-$23,395
Depreciation
-
-
Tax Offset
-$9,547
-$7,019
Net Cashflow After Tax
-$22,276
-$16,377
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,046,640
$1,892,076
Loan Balance
I.O
$760,500
$760,500
$286,140
$1,131,576
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2021 Population
Suburbs
Manufacturing - 21.0%
Construction - 10.0%
Transport, Postal and Warehousing - 8.0%
Health Care and Social Assistance - 8.0%
Others - 53.0%
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