Withheld
$133,267
"Welcome to your dream home This stunning house boasts 4 bedrooms, 2 bathrooms, and a 2car tandem garage, making it the perfect space for you and your family. Located in the desirable neighborhood of Morley surrounded by a plethora of services and amenities, this house offers the perfect combination of luxury and functionality for the growing family. Upon entering, you will immediately feel the warmth and comfort of this exquisitely renovated home. The open floor plan allows for easy flow between the living room, dining room, and kitchen area, making it ideal for entertaining. The kitchen features modern appliances and ample storage space, perfect for preparing meals and hosting guests. The bedrooms are generously sized and offer plenty of natural light, creating a peaceful and inviting atmosphere. The master bedroom includes an ensuite bathroom equipped with a luxurious spa bath, creating a luxurious retreat to unwind with a glass of champagne. The spatial layout of the secondary bedrooms are well proportioned and strategically designed to ensure that all available space are cleverly optimised. The additional bonus room can be used as an office, playroom, or den, the possibilities are endless. With Morley Shopping Centre and the new train station located just a stones throw away, this house truly has it all a perfect blend of comfort, convenience, and luxury. Dont miss your chance to make it yours and start living your best life today Call Raman Walia on 0470442569 or Jessie Nguyen on 0401202995 to enquire. The Residence 467sqm rectangular block 216sqm rendered brick and tile construction 1990 build, freshly renovated in 2023 4 bedrooms, 2 bathrooms, double tandem garage Formal portico entrance King size master suite with WIR and spa bath Spacious double sized secondary bedrooms with BIR and ceiling fans 900mm designer stainless steel appliances Freshly renovated open plan kitchen with ample storage Spacious open plan living and dining areas Plantation louvres to main living areas 5x reverse cycle airconditioners Quality timber floorboards throughout Freshly repainted interior in neutral tones LED downlights feature pendant lights throughout French doors and built in bar area to formal lounge Feature fireplace to formal lounge dining area Built in bay window daybed to family area Additional Features Energy efficient solar panels Security alarm system Roller shutters to all front facing windows Fully paved patio outdoor entertainment area Manicured courtyards with low maintenance landscaping Concrete horseshoe driveway for easy access The Location 1.5km from Tonkin Highway 1.5km from proposed Morley Train Station 3.0km to Beechboro Shopping Centre 4.6km from Morley Galleria Shopping Centre 5.0km to Malaga Commercial District 8.0km from Swan Valley 9.0km from Perth Airport 10.8km from Perth CBD Fees and Rates Council rates 2058 per annum Water rates 1218 per annum Strata fees 0 per annum."
Below are some similar properties in the area you may be interested in.
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78.9%
$700K
5.2%
-$175,000
-$25,782
2.6%
1.8%
-16.6%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$895,000
Stamp Duty
$37,208
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$89,500
Reg. Mortgage
$203
LMI Premium
$25,520
Renovation Costs
-
Total Cash/Equity Required
$154,889
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.2% PA
$1,919
$2,731
Rates
+3.0% PA
$1,444
$1,884
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
$16,332
$23,856
Interest Repayments
$53,163
$53,163
Net Cashflow Before Tax
-$36,831
-$29,307
Depreciation
-
-
Tax Offset
-$11,049
-$8,792
Net Cashflow After Tax
-$25,782
-$20,515
Assumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$805,500
$805,500
-$36,540
$584,597
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2021 Population
Suburbs
Retail Trade - 17.0%
Health Care and Social Assistance - 14.0%
Construction - 9.0%
Manufacturing - 8.0%
Others - 52.0%
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