$460K
$74,614
Confidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
"Sitting in a leafy and peaceful location, this lovely home sitting on a superb 809sqm lot offers exceptional value in the price bracket and has bundles of appeal. With cute and cosy openplan living, second ensuite bathroom, massive enclosed verandah, big secure yard, and powered shedworkshop, there is heaps here you dont normally see at this price point. First home buyers, young families, and retirees will love this one, and there is definitely some solid appeal for investors too. Clad and iron home built in 1995 Fabulous 809sqm lot. Brilliant big back yard, secure for kids and pets Big doubleplus carport with drive through access to back yard including parkinghardstand plenty of space for vehicles 7m by 6m powered shedworkshop for storage andor tinkering Openplan kitchendiningliving with timber lined vaulted ceiling Country style kitchen with box window bringing in plenty of light Master bedroom with built in robes and ensuite with shower and bath Singledouble family bedrooms, one with BIR Full width wide enclosed verandah, ideal for partying or kids play Reversecycle airconditioning, electric hot water, garden shed Very quiet location near end of culdesac Close to Orana shops and cinema, 7 mins to York St google maps Periodic tenancy in place, tenant happy to stay to end 2024 but vacant possession also possible Yes this isnt a brand new home but it comes with warmth and character and an eminently homely feel. This is a lifefriendly home, the open plan living is great for families to share, or for adults to entertain and have fun. The verandah is brilliant for a BBQ or quiet drink, and anyone who has kids knows its a savior to have undercover area for outdoor play in wet weather. Everyone will love the quiet spot, ample parking, abundant space, and just about everyone needs a shed This one might need a small amount of TLC to bring it to it to peak position, but that means buying is great value, and you dont get all these features in one package very often. For your private inspection or more information please contact Blair Scott on 0459 024 026."
-
76.1%
-
-
-$10,000
-$10,517
4.3%
2.7%
-14.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$460,000
Estimated Purchase Price
$460,000
Stamp Duty
$15,865
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$46,000
Reg. Mortgage
$203
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$74,615
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+8.2% PA
$1,620
$2,306
Rates
+3.0% PA
$2,135
$2,786
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
$12,300
$18,199
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$15,024
-$9,125
Depreciation
-
-
Tax Offset
-$4,507
-$2,738
Net Cashflow After Tax
-$10,517
-$6,388
Assumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$414,000
$414,000
$66,600
$454,810
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 13.0%
Education and Training - 11.0%
Construction - 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