ESTIMATED RENTAL VALUE REPORT. 22 Seabrook Avenue Rosebud VIC 3939

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Transcription:

ESTIMATED RENTAL VALUE REPORT Prepared on:

3 2 2 1,228m 2 State, and Commonwealth Governments. All rights reserved. Page 2

u PROPERTY DETAILS Here we summarise the property s key details (which are accurate at the time of last sale). Address: 22 Seabrook Avenue Rosebud VIC 3939 12/LP50907 RPD: LOT 12 LP50907:PH Wannaeue Map ref: MELWAYS: 170, J5 Council area: Mornington Peninsula Property type: HOUSE Year built: 1970 Land use primary: Detached Dwelling (Existing) u ESTIMATED RENT An Estimated Rent provides an estimate of the property s weekly rental value based on statistical data. Estimated Rent: $407/W Estimated Rent Range: $379/W - $436/W Estimated Yield: 4.16% High Confidence This rental estimate is provided by CoreLogic, and is based on statistical market data such as recent advertised rental properties, property size, number of bedrooms and many more factors. Estimated gross rental yield is also a computer generated estimate and does not take into account any expenses associated with keeping the property. Information used in these estimates comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications. How to read this estimate The estimate has been broken into three confidence level categories based on the criteria listed below. High confidence is typically caused by a low degree of variability between the subject and comparable properties and/or high availability of comparable property data in the area. Medium confidence is typically caused by a medium degree of variability between the subject and comparable properties and/or medium availability of comparable property data in the area. Low confidence is typically caused by a high degree of variability between the subject and comparable properties and/or low availability of comparable property data in the area. Doing your research This estimate is a starting point only. To determine the property's value we recommend you supplement this estimate by doing other research to take into account a property's special features and current market conditions. You may want to consider: visiting the house (where possible) contacting an agent for a price guide on this property or similar requesting a valuation from a licensed valuer recent and historical rental price details for this property recent advertised rental prices for similar properties in the area the costs associated with owning, maintaining and renting this property u PROPERTY HISTORY - FOR RENT Campaign period: 13/05/2014-24/05/2014 $380/W Days on Market: 12 Listed by: Rent My Estate, Rent My Estate State, and Commonwealth Governments. All rights reserved. Page 3

u COMPARABLE RENTAL PROPERTIES 13 Crest Drive Rosebud VIC 3939 $450/W 4 2 2 953m 2 46/LP50907 Campaign period: 19/05/2015-18/02/2016 Map ref: MELWAYS: 170, J5 from property: 0.2km Days on Market: 287 Listed by: Romy Parzybok, Harcourts - Rosebud 6 Anakie Court Rosebud VIC 3939 $260/W 4 2 2 1,060m 2 451/LP52572 Campaign period: 03/11/2015-24/11/2015 Map ref: MELWAYS: 170, K6 from property: 0.7km Days on Market: 22 Listed by: Angela, For Rent By Owner 47 Fairway Grove Rosebud VIC 3939 $320/W 3 2 2 1,193m 2 7/LP216497 Campaign period: 05/11/2015-06/12/2015 Map ref: MELWAYS: 170, H3 from property: 0.9km Days on Market: 32 Listed by: Meaghan Butcher, Ray White - Rosebud 111 Eastbourne Road Rosebud VIC 3939 $380/W 3 2 2 1,009m 2 77/LP16383 Campaign period: 18/01/2016-18/02/2016 Map ref: MELWAYS: 170, B3 from property: 1.6km Days on Market: 43 Listed by: Meaghan Butcher, Ray White - Rosebud Distance from State, and Commonwealth Governments. All rights reserved. Page 4

u ROSEBUD INSIGHTS Here we help you understand more about the property's suburb including key metrics such as sales activity, price growth and rental yield. State, and Commonwealth Governments. All rights reserved. Page 5

Period Median Value for Houses Change in Median Value (12 months) Nov-2015 $399,218 5.1% Nov-2014 $379,893 0.7% Nov-2013 $377,261 2.8% Nov-2012 $366,969-3.3% Nov-2011 $379,404 2.7% Statistics are calculated at the end of the displayed month State, and Commonwealth Governments. All rights reserved. Page 6

u DISCLAIMER CoreLogic Disclaimer Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication. This publication contains an automated rental valuation model estimate (Rental Estimated Value). This Rental Estimated Value is current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon as such. The accuracy of the methodology used to develop the Rental Estimated Value, the existence of the subject property, and the accuracy of the predicted value and all rule sets provided are estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liability for any loss or damage arising in connection with the Rental Estimated Value. The listing prices shown represent the first and last listing price CoreLogic recorded in the advertising campaign for the property. In some instances we may have derived the price from the advertisement text. Where we have been unable to derive the price from the advertisement text (for example Auctions ), the discounting calculations will be unavailable. State Government Copyright Notice and Disclaimer VIC - The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied. Publisher RP Data Pty Ltd trading as CoreLogic AU ABN 67 087 759 171 P: 1300 734 318 E: support@corelogic.com.au State, and Commonwealth Governments. All rights reserved. Page 7