$470K
$76,310
Confidence
High
High
$500,000
Medium
$460,000
Low
$420,000
Confidence
Medium
"If youre after a solid home, in a convenient location, with a spacious backyard and shed look no further 5 Seville Way is a wellmaintained and wellbuilt brick and tile home that was built in 1995. The home offers great value and is highly suitable to first home buyers, couples, downsizers, investors or simply anyone looking for a home that is easy to maintain, is conveniently located and has comfortable living spaces no matter the occasion. The home is well secure and features a fully enclosed backyard, perfect for those with pets, kids, or both Theres also a brilliant, powered, double shed you can access via the drivethru garage, so youll have plenty of space for storage or working on your hobbies. The living spaces are light and spacious, and although open plan, you can really feel a separation with the kitchen space tucked at the rear overlooking the spacious outdoor area. The patio stepped out onto via the laundry, runs the length of the house and is over 3m deep so theres heaps of room for tables, chairs, couches, or whatever youd like to make your outdoor living more comfortable. Spring and Summer BBQs, entertaining and relaxing out here is fantastic. The location is also very convenient. Seville Way is a quiet side street which only local traffic drive down, but once you pull out onto Drome Road, youre an easy turn onto Albany Highway making trips to shops, schools, or wherever in Albany youre heading, a breeze. Or if youre embarking on a longer trip up the highway to Perth, youll feel youre well on your way almost instantly. Please note, the current photos are from 2022, new photos will be coming soon FEATURES Large master bedroom, spacious living zones Vinyl plank flooring with carpets in the bedrooms Solid brick and tile home well maintained, low upkeep Fully enclosed backyard good fencing Convenient location, shops, schools, amenities nearby RC Aircon, Insulation, Gas cooktop DISTANCES Coles Orana Cinema McDonalds 900m 2min drive TAFE North Albany Senior High School 1km 2min drive The Big Roundabout 2.4km 4min drive ALAC North Road Sporting Grounds 4.5km 6min drive York Street Albany CBD 5km 6min drive Albany Health Campus 6.7km 9min drive According to Google Maps RATES Council 2,352year Water 1,564year If youd like more information, to arrange a private viewing or just think this property could suit you or your family, reach out to enquire today. M 0437 152 471 E chris.wallaceelders.com.au Selling Your Property Call Chris at Elders Real Estate Elders Real Estate Albany Residential Real Estate Sales Specialist"
8%
61.4%
$405K
6%
-$10,000
-$10,933
4.2%
2.6%
-14.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$470,000
Estimated Purchase Price
$470,000
Stamp Duty
$16,340
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$47,000
Reg. Mortgage
$203
LMI Premium
$10,390
Renovation Costs
-
Total Cash/Equity Required
$76,311
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
$27,918
$27,918
Net Cashflow Before Tax
-$15,618
-$9,719
Depreciation
-
-
Tax Offset
-$4,685
-$2,916
Net Cashflow After Tax
-$10,933
-$6,804
Assumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$423,000
$423,000
$68,280
$465,117
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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
Average Days of Supply