1 / 12, Hampton Parade West Footscray VIC 3012 – 12 Hampton

$724,000

  • 2
  • 1.5
  • 1
  • 240m²
  • Townhouse

West Footscray is a rapidly developing suburb located just 7km from Melbourne’s CBD. It is well-connected to the city by both train and bus services, making it an attractive location for those who want easy access to the CBD while enjoying the peacefulness of suburban living.

The area has experienced significant growth in recent years, with new infrastructure developments, cafes, restaurants, and shops opening up in the local community. This has attracted a range of residents, from young professionals to families and retirees, and has resulted in a thriving local economy.

In addition to its convenient location and growing economy, West Footscray has a strong sense of community and a rich cultural heritage. It is home to a diverse range of residents, including many migrants who have brought with them their unique cultural traditions and customs. This has contributed to the area’s vibrant atmosphere, and there are plenty of opportunities to get involved in local events and activities.

All of these factors make West Footscray an excellent choice for those looking to invest in property. With its strong community, convenient location, and promising growth prospects, it offers an exceptional opportunity for buyers looking for a long-term investment that is likely to provide good returns.

Overview

  • $-511.38/m

  • -3.71%

  • 3.95%

  • 1.76%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area97 m²
Title StatusRegistered
Contract typeSingle
Council Rates*$91/m
Water Rates*$50/m
Body Corp / Strata*$84.00/m
Tax depreciation*$1030/m
Rental Income*$2383.33/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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