House and Land Packages from $299,000
Port Bouvard Homes - Display Now Open!
Port Bouvard Homes are providing complete 3 x 2 house and land packages at Ravenswood River Estate from $299,000 complete with fencing gardens and air conditioning.
The display home is situated at the corner of Nancarrow Way and Lloyd Avenue and is open from 1 to 5pm on Wednesday, Saturday and Sunday.
There are over 8 designs with pricesstarting from $296,430 including the green title land. These homes are complete with everything you need to start your life at Ravenswood River Estate, such as floor coverings, window treatments, paving & garden and air conditioning. Designs are also available for caravanners, boaties and people with active lifestyles!
And they can be built in approximately 9 months from when approvals are granted.
The following homes have been designed specifically for Ravenswood River Estate:
Lot 5 Lot 6 Lot 7 Lot 8 Lot 13 Lot 14 Lot 18 Lot 79
As well this large range of designs on offer, they can work with you to modify these plans to suit your budget and personal requirements, or build from your plans providing you with maximum flexibility.
Port Bouvard Homes has specialised in residential construction in the Peel Region over the past 20 years and are one of the leading home builders in the area. Click here for further information about Port Bouvard Homes.
Premiere Homes
Premiere Homes have made available a number of modern looking home designs for Ravenswood River Estate with house and land packages from $299,000 to $345,000 (see the website for further detail on inclusions).
Further information on Premiere homes is available on the website www.premierehomes.com.au
All adds up to blue chip investments
From $37 per week*
Combining the features of such a select estate with a quality location and a supreme builder, you have the perfect ingredients for a 'Blue Chip' investment.
With the idyllic location the demand for rentals from both families and couples in the peel region, demand will be high, fuelled further by the increased demand being experienced across the board from all sections of the resource sector.
So you can see, based on the scenario shown below of purchasing a House & Land package, you not only save something in the order of $7,000 for stamp duty but by utilising a House & Land package you end up with the house of your choice and very importantly, as everything is brand new you have substantial savings via depreciation of the building and contents.
There are various designs and costings available to suit your budget and specific requirements.
Some of our clients are building and utilizing the property as an investment now to later become a holiday home or future retirement place, having the government helping pay for their dream holiday home via negative gearing.
We have formed an alliance with one of Perth's leading home builders Premiere Homes and we invite you to visit their web site www.premierehomes.com.au otherwise please contact Mark Hay Realty Group for further information and details on how you can utilise negative gearing for your wealth creation today.
Total Ownership cost from $37 per week*:
| Investment Scenario | Example Only | |
| Land | $119,000 | |
| Stamp Duty | $2,280 | |
| Settlement | $850 | |
| Building House | $190,000 | |
| TOTAL | $312,130 | |
| Borrowing 70% | $218,491 | |
| OUTGOINGS | ||
| Interest @ 8.5% | $18,600 | |
| Shire Rates | $900 | |
| Water Rates | $900 | |
| Insurance | $1,800 | |
| Management | $2,000 | |
| Misc | $400 | |
| TOTAL | $24,600 | |
| INCOMING | ||
| Rent 50wks @ $320 | $16,000 | |
| TOTAL | $16,000 - $24,500 | |
| A. Cash short fall | $8,600 | |
| Add back depreciation Building @ $165,000 @ 2.5% |
Approximate figure only $4,125 |
|
| Fixtures and fittings $25,000 @ 15% (floor coverings, hot water system, lights etc.) | Approximate figure only $3,750 |
|
| B. Total depreciation deductions | $7,875 depreciation | |
| TOTAL Tax deduction | $16,475 | |
| TOTAL OWNERSHIP COST | ||
| *@40% marginal tax rate: | @30% marginal tax rate: | |
| Tax refund: | $6,590 | $4,942 |
| Total ownership cost: | $8,500 - $6,590 = $1,950 pa |
$8,500 - $4,942 = $3,558 pa |
| Total weekly ownership cost |
$37 per week | $68 per week |
Disclaimer: Mark Hay Real Estate Pty Ltd and Marlin Ravenswood Pty Ltd does not accept any liability for any information contained herewith and such figures are given as a guide only and should not be relied upon. All parties are urged to seek their own independent advice from relative parties.
