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Vantage Point

 
 

Vantage Point Boulevard Doreen VIC 3754 Australia

Investment Property in Doreen, Melbourne, Victoria
 
 
 
 
 
NRAS
This investment property is eligible for the National Rental Affordability Scheme (NRAS): Government backed 10 year rental incentive.

House & Land   810 View Hill Court,

Select Investment Property: 

Physical Attributes

Status: Available Compass: North of Melbourne
Aspect: North Title: Torrens
Bedrooms: 3 Bathrooms: 2 (1 Ensuite)
 
House Area: 170.13 sqm Land Area: 376 sqm
Elevation: 163.7m above sea level
Parking: 2 Double Lock Up
Start Date: 01/04/2011 Completion Date: 01/07/2011
 
Special Needs: No 
On-Site Manager: No
Inspection Times: Appointment Only
 
Investment Property Overview
This is a house & land property within the Vantage Point project. Includes a dining room, a lounge room, laundry, built-in wardrobes, a water closet and a linen cupboard. The kitchen is equipped with cooktop, oven, rangehood and dishwasher. Other features include air conditioning. The development has security parking and security building.

With land for sale in this picturesque semi-rural development in the shire of Whittlesea, Doreen's new land estate Vantage Point is the perfect place to call home. The estate has taken advantage of its surrounding tranquil rural views, and incorporated the historic River Red Gum trees into the development's landscaping designs, offering several recreational reserves and a variety of favourable outlooks for particular blocks of land.

 Plenty Gorge Park is located adjacent to Vantage Point and provides visitors with wide open spaces, picnic areas, wildlife habitats and walking tracks, never to be built upon. Visit for more information on things to see and do.

Although Vantage Point is a relaxing rural environment, there is also plenty to do and see, with several parks nearby with walking tracks, wetlands, and an abundance of native fauna and flora. A range of recreational and sporting facilities neighbour the estate and a variety of shopping plazas are within easy travelling distance.

 

 • Enjoy the views from the landscaped Central Community Park which features a gazebo and playground equipment

 

 

 

 • Several reserves strategically positioned for your benefit

 

 • Conveniently located with easy access to schools, transport and shopping precincts

 

 

 • Sustainability principles include the conservation and preservation of many River Red Gum trees

 

 

 

 

 

 

 

 

Investment Information

Costs

Price: $415,725 Stamp Duty: $7,920
Min Cash Deposit: 10% Land Value: $214,173
 

Capital Growth

 
Capital Growth
Historical capital growth data provided updated at the end of Q1 each year.

Population Changes

 
Historical Population Change
Historical data provided by the Australian Bureu of Statistics (ABS) and updated at the end of Q1 each year.
9.46% p.a. (Historical) 22.33% p.a. (Historical)
4.89% (2011) 21.62% (2011)
 
 
Investment Returns
Various units of measurement for investment property performance.

Investment Returns

 
Total Return
The sum of 'Predicated Capital Growth' and 'Gross Yield'.
Total Return: 11.46%
Gross Yield: 4.80%
 
Gross Yield
Annual rental income as a percentage of purchase price BEFORE factoring expenses.
 
Weekly Cash Flow
The weekly cash flow the investment averages over 10 years.
Weekly Cash Flow: -$9
Net Yield: 4.13%
 
Net Yield
Annual rental income as a percentage of purchase price AFTER factoring non-finance expenses.
 
Internal Rate of Return (IRR)
Represents the effective 'interest rate' that you receive for your cash invested over a 10 year period.
IRR: 24.01% Market Rent: $400 per week.
 
 
Investment Assumptions
These are the values that have been used or entered by you at the top of the page to perform the calculations.

Your Investment Assumptions

Total Income: $85,000
 
Loan Amount
Price:$415,725
+Stamp Duty:$7,920
+Conveyancing:$950
+Dep. Report:$575
+Closing Costs:$0
+Loan Costs:$1,918
-Cash Invested$41,573
Loan Amount$385,516
Loan Amount: $385,516
Rent Per Week: $400 Rental Vacancy Rate: 4.00%
Interest Rate: 6.75% Inflation Rate: 3.6%
Cash Deposit: $41,573 NRAS: No
 
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