$449K
$72,918
Confidence
High
High
$460,000
Medium
$430,000
Low
$400,000
Confidence
Medium
"Unassuming and packed with prospects, this charmfilled, solar passive and partiallyupdated home stands on a prime corner lot also brimming with immense potential to embellish. It is situated within easy reach of everyday amenities and has key appeal for first home buyers to investors. Charismatic throughout, the welcoming home, which is equipped with six rooftop solar panels, reveals a sensible layout and character at every turn. Various zones feature solid original jarrah floors, lovely high ceilings, classic decorative cornices and appealing modern ceiling fans. Just off the engaging entry hall, which includes handy storage, is an ambient filled classic separate lounge, with an rc airconditioner, gas bayonet and fan. There are also two character bedrooms off the hall including one with a mirrored robe. The rear separate spacious country kitchen and meals area has had a fabulous makeover, making it the ideal setting for cooking up a storm and enjoying the spoils, as you gather around the kitchen table with family. The rear utility area flows to the mod wet areas including a laundry with ample storage, and a separate toilet, third bedroom, and access to a private patio. Beyond is a paved pergola, more yard space and a single garage and an adjoining powered workshop plus storage space. Most windows in the home have external security screening. Just a great little buy exuding loads of appeal and a versatile corner aspect. For more detailed information or to arrange a private viewing please contact Samantha Pitman on 0405 679 383 or email samantha.pitmanraywhite.com"
35.1%
44.1%
$368K
6.8%
-$40,000
-$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
$469,000
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%
$459,240
$830,197
Loan Balance
I.O
$423,000
$423,000
$36,240
$407,197
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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