$599K
$115,445
Confidence
High
High
$590,000
Medium
$570,000
Low
$550,000
Confidence
Medium
"Nestled in the heart of Carey Park, this charming 4bedroom, 2bathroom house on Raglan Street offers a perfect blend of comfort and convenience. Built in 1995, this wellmaintained home boasts ample space. This property features a garage with an electric gate, providing side access, additional parking, and extra storage space. The heart of the home is the openconcept living area, ideal for family gettogethers and hosting friends. The kitchen features modern finishes and ample storage, making cooking effortless. Next to the cosy dining space is a living area that flows seamlessly to the outdoor patio, perfect for alfresco dining and summer barbecues. PROPERTY FEATURES Great street appeal Air conditioning for year round comfort Cosy wood fire Expansive open plan living Cinema room Office Sleek modern kitchen and ensuite Paved patio area Convenient side access Powered shed Low maintenance Quiet culdesac Rates Council Rates Rates2,700 Water Rates 1,200 Approximate only This property presents an incredible opportunity for firsttime buyers or those seeking a spacious family home at an affordable price point. Dont miss out on making this house your new home. Contact us today to arrange a viewing and take the first step towards securing your future in Carey Park"
6%
68.3%
$386K
6.5%
-$105,000
-$16,791
3.5%
2.4%
-14.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$599,000
Estimated Purchase Price
$675,000
Stamp Duty
$26,078
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$67,500
Reg. Mortgage
$203
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$115,445
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.2% PA
$1,919
$2,731
Rates
+3.0% PA
$1,669
$2,178
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
$16,107
$23,563
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$23,988
-$16,532
Depreciation
-
-
Tax Offset
-$7,196
-$4,960
Net Cashflow After Tax
-$16,791
-$11,573
Assumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$607,500
$607,500
$1,260
$492,993
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 8.0%
Others - 52.0%
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