$1.6M
$307,949
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Try Picki for FREEConfidence
Medium
High
$1,600,000
Medium
$1,400,000
Low
$1,200,000
Confidence
Low
This expansive coastal home on Arrawarra Headland offers an idyllic beach lifestyle with proximity to Mullawarra and Mullaway Beaches. Perfect for large families or entertainers, it includes three well-sized bedrooms, a master suite with a walk-in robe and ensuite, and extensive outdoor verandas with ocean views. The home features a main living area integrated with dining space and a functional kitchen, plus a ground-level guest room and recently renovated bathroom. A double lockup garage provides ample storage and drivethrough convenience, perfect for beach gear. Set on 904.2 sqm, the property invites potential for future enhancements.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
80%
$2.15M
1.6%
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Try Picki for FREE-$280,000
-$46,220
2.5%
Asking Price
$1,600,000
Estimated Purchase Price
$1,680,000
Stamp Duty
$75,455
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$168,000
Reg. Mortgage
$164
LMI Premium
$47,473
Renovation Costs
-
Total Cash/Equity Required
$293,288
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,257
$1,640
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$33,763
$48,604
Interest Repayments
$99,792
$99,792
Net Cashflow Before Tax
-$66,029
-$51,188
Depreciation
-
-
Tax Offset
-$19,809
-$15,356
Net Cashflow After Tax
-$46,220
-$35,831
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,512,000
$1,512,000
-$16,800
$1,190,966