$325K
$46,502
Confidence
Medium
High
$330,000
Medium
$300,000
Low
$267,000
Confidence
High
"Charming Family Home in West Lamington Perfect for Investors Address 190 Hare Street, West Lamington Price Guide325,000 Make An Offer Welcome to your future home This delightful 3bedroom, 1bathroom house is nestled on a generous 509 sqm corner block in the soughtafter neighbourhood of West Lamington. Constructed in 1985, this property combines timeless architecture with modern living, making it an ideal choice for families, firsttime buyers, or investors. Key Features Spacious Living Areas The openplan living room is perfect for family gatherings and entertaining friends. With ample natural light and a cozy atmosphere, its the ideal place to unwind after a long day. Functional Kitchen The wellappointed kitchen features ample cabinetry and counter space, making meal preparation a breeze. Enjoy family dinners in the adjacent dining room, which comfortably accommodates a dining table for those special occasions. Comfortable Bedrooms The three generously sized bedrooms offer plenty of space for rest and relaxation. Each room is designed with comfort in mind, providing a peaceful retreat for everyone in the family. Modern Bathroom Additional Toilet The main bathroom is functional and stylish, featuring modern fixtures. An additional separate toilet adds convenience for busy households. Outdoor Play Area The expansive outdoor space is perfect for children to play or for hosting summer barbecues. Imagine creating your own outdoor oasis, complete with a play area for the kids or a serene garden retreat. Prime LocationSituated in a friendly community, this property is conveniently located near schools, parks, and local amenities, ensuring everything you need is just a stones throw away. Whether youre looking to settle down in a familyfriendly neighborhood or searching for a solid investment opportunity, this property at 190 Hare Street is a mustsee. Dont miss out on the chance to make this charming house your home Great First Investment Rent 550 per week leased until 22.08.2025 Contact us today to arrange a viewing and experience the warmth and potential of this lovely West Lamington property"
9.3%
47.8%
$390K
8.7%
-$5,000
-$6,515
5.1%
2.9%
-13.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$325,000
Estimated Purchase Price
$305,000
Stamp Duty
$9,025
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$30,500
Reg. Mortgage
$203
LMI Premium
$5,212
Renovation Costs
-
Total Cash/Equity Required
$47,298
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$15,600
$22,204
Property Management
+8.2% PA
$1,279
$1,821
Rates
+3.0% PA
$1,806
$2,356
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
$8,810
$13,192
Interest Repayments
$18,117
$18,117
Net Cashflow Before Tax
-$9,307
-$4,925
Depreciation
-
-
Tax Offset
-$2,792
-$1,477
Net Cashflow After Tax
-$6,515
-$3,447
Assumptions
Year 1
Year 10
Property Value
6.8%
$320,400
$579,207
Loan Balance
I.O
$274,500
$274,500
$45,900
$304,707
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Mining - 24.0%
Health Care and Social Assistance - 9.0%
Retail Trade - 9.0%
Education and Training - 7.0%
Others - 51.0%
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