$650K
$111,045
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Explore the elegance of 1040 Hollins Bend, Madeley. This fashionable townhouse, established in 2005, features three bedrooms and two bathrooms ideal for families seeking space and style. The modern kitchen, equipped with a breakfast bar and dishwasher, complements spacious living areas. Covering 287 sqm, enjoy a courtyard perfect for gatherings and a handy shed for extra storage. Experience year-round comfort with air conditioning, gas heating, and ceiling insulation. Secure parking for two vehicles enhances convenience in this coveted location. Close to schools, shops, and public transport, this property invites you to a seamless lifestyle, starting at $670,000.
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85.9%
$770K
4.7%
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-$6,513
5.8%
Asking Price
$670,000
Estimated Purchase Price
$670,000
Stamp Duty
$25,840
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$67,000
Reg. Mortgage
$203
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$114,565
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+8.2% PA
$3,198
$4,552
Rates
+3.0% PA
$1,603
$2,092
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
$30,494
$44,032
Interest Repayments
$39,798
$39,798
Net Cashflow Before Tax
-$9,304
$4,234
Depreciation
-
-
Tax Offset
-$2,791
$1,270
Net Cashflow After Tax
-$6,513
$2,964
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Year 1
Year 10
Property Value
6.8%
$715,560
$1,293,562
Loan Balance
I.O
$603,000
$603,000
$112,560
$690,562
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
Average Income
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Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price