Sparrow in Victoria

Name: Sales in Sparrow started!
Start: 2020-11-19T11:08:48.532914+00:00
End: 2023-12-31T23:59:59+0000
Location: Sparrow

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Property for sale in Sparrow — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10309

Finished at	September 2022
Price, m²	From 7900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	6
Apartments	49
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

237,000$

Net profit

5,906$

Payback period

29.2 years

Avg property value increase per year

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Promos and discounts for Sparrow

About the project

Sparrow offers a distinct collection of intelligently designed homes that are perfectly centred in the vibrant Oaklands neighbourhood, minutes from the city’s most charismatic places and experiences – from great local coffee shops to the best shopping. Fusing stylish urban form and function with exceptional quality, you’ll be proud to call Sparrow home.

Developer

Our meticulous, time-tested development process spans years – from the initial concept through to completion – and is driven by personal eng…
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