This property is a unit on a lot in 2/PS703412 Footscray VIC. Similar properties have sold for approximately $470,000. Constructed in 2012, with 2 bedrooms and 1 bathroom.
LOW INCOME EARNERS NRAS Applicable Tenants Only As New 2 bedroom spacious townhouse. Within walking distance to schools, transport and across the road from the Western Hospital.Featuring a gallery kitchen with stone benches and stainless steel appliances including dishwasher, spacious living and dining areas with ample natural light, central bathroom, separate powder room, split system heating and cooling and single lock up garage with extra storage.Security entry.This property must be leased within the National Rental Affordability Scheme (NRAS)To be eligible for this property you must have a maximum household income of:Household composition Initial Household Income LimitPrior to Entering into a Lease ($)One Adult $50,489Two Adults $69,804Three Adults $89,119Four Adults $108,434Sole parent with one child $69,852Sole parent with two children $86,600Sole parent with three children $103,348Couple with one child $86,552Couple with two children 103,300Couple with three children 120,048Documents Required to Confirm EligibilityAll documents should be for the last 12 months from date of application.1. Employment Income (e.g. salaries and wages) PAYG Payment Summary for Year Last 3 x current payslips - Mandatory Letter from Employer2. Government Pensions and Allowances (e.g. youth allowance, rent assist, pensions, carers allowance, austudy etc)PAYG Payment Summary for Year Ended 30 June 2012 - MandatoryCentrelink Payment History (12mths) applicant can obtain online from their centrelink online access MandatoryLast 3x Centrelink Income Statements3. Investment Income (bank interest, dividends, rental income, distributions etc)Bank statements from all interest bearing bank accounts for the 12 month assessment periodDividend slips if they earn dividend income (shares)Distribution statements from managed funds and trustsRental Statements4. Scholarship IncomeLetter from the organisation providing the scholarship that discloses the applicants annual scholarship Income.Copies of their bank statements to show the scholarship amounts deposited5. Nil Income declaredIf they declare that they did not earn any income during the 12 month assessment period, request that they provided a signed statutory declaration to confirm.6. Copy of last financial years tax return.