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$950K
$145,648
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$960,000
Low
$920,000
Confidence
Medium
Discover a chic and tranquil lifestyle at this beautiful three-bedroom townhouse in Belmont, boasting serene views of Lake Macquarie. Situated in a coveted locale, this home presents an ideal blend of quality and comfort, featuring a versatile floor plan spread across two levels with stylishly renovated bathrooms, a gourmet kitchen with Caesarstone finishes, and multiple living spaces. Enjoy year-round comfort with air conditioning and natural gas heating, and relish in the low-maintenance living offered by its beautifully landscaped gardens. The property includes a lockup garage, additional off-street parking, and is a stone's throw away from Belmont's vibrant amenities including the Belmont Foreshore and 16 Footers Sailing Club. An unmatched opportunity to embrace lakeside living.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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%
84.2%
$1.35M
3.7%
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Try Picki for FREE$30,000
-$23,522
3.1%
Asking Price
$960,000
Estimated Purchase Price
$930,000
Stamp Duty
$36,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$93,000
Reg. Mortgage
$164
LMI Premium
$23,948
Renovation Costs
-
Total Cash/Equity Required
$155,893
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,381
$1,802
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
$21,640
$31,364
Interest Repayments
$55,242
$55,242
Net Cashflow Before Tax
-$33,602
-$23,878
Depreciation
-
-
Tax Offset
-$10,081
-$7,163
Net Cashflow After Tax
-$23,522
-$16,714
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,025,280
$1,853,462
Loan Balance
I.O
$837,000
$837,000
$188,280
$1,016,462
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