$945K
$181,031
Confidence
Medium
High
$780,000
Medium
$650,000
Low
$540,000
Confidence
Medium
"Look no further, this charming property in the beautiful little town of Balingup was built with love and character by the current owners, 500mm thick rammed earth walls, tin roof, features thatched vaulted ceilings internally ,timber from St John of Gods hospital for the stair case to the upstairs large open studio or convert to two more bedrooms currently used as a studio and bedroom, the main bedroom has a walk in robe and opens onto the veranda, the second downstairs bedroom is of a good size too .The living areas are open plan with slate floors and timber doors that open onto the outside courtyard covered with grape vine. The kitchen is at the front of the house and features unique tiling and timber bench tops, with windows out onto the front veranda and gardens a huge walk in pantry and separate wine storage area. The main entrance to the house has antique large from Java wooden doors from the 1900s which add to the character of the house, along with old leadlight windows in dining area. Large rain water tank with pressure pump, double garage sized shed for the toys, features a drive around driveway. Situated at the end of the Cul de sac and on 2.83 hectares of land with established gardens make this a very desirable property. Just listed and ready for its next custodians. Call Steve 0408759909 to organise a private viewing. Dont miss it Whilst care is taken to achieve accuracy, boundaries marked on images are a guideline and are for your visual reference only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision."
-
59.2%
$475K
4.4%
-$365,000
-$35,073
1.7%
1.0%
-19.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$945,000
Estimated Purchase Price
$1,015,000
Stamp Duty
$43,388
Transfer Fee
$413
Conveyancing
$1,535
Deposit (10%)
$101,500
Reg. Mortgage
$203
LMI Premium
$28,941
Renovation Costs
-
Total Cash/Equity Required
$176,530
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$17,680
$25,164
Property Management
+8.2% PA
$1,450
$2,063
Rates
+3.0% PA
$2,339
$3,052
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
$10,186
$15,215
Interest Repayments
$60,291
$60,291
Net Cashflow Before Tax
-$50,105
-$45,076
Depreciation
-
-
Tax Offset
-$15,031
-$13,523
Net Cashflow After Tax
-$35,073
-$31,553
Assumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$913,500
$913,500
-$219,300
$341,448
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Retail Trade - 10.0%
Education and Training - 9.0%
Health Care and Social Assistance - 9.0%
Others - 47.0%
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