$950K
$138,818
Confidence
High
High
$990,000
Medium
$900,000
Low
$810,000
Confidence
Medium
"Fabulously affordable living between The Lake and Nine Miles of beautiful beach that stretches from Blacksmiths to Redhead. Promising genuine Lake views from the upper level open plan living, open kitchen and covered deck. Watch the kite surfer action on windy days, and gorgeous colourful spinnakers billowing in the breeze, as yachts race on Wednesday evenings and Saturday afternoons, while enjoying a wine or beer at your top deckside bar. Head downstairs and discover more spacious open plan living that spills outdoors to a fabulous full width deck overlooking the resort style pool and magic pool surrounds. Whether youre upstairs or down, the outlook is to beautiful blue water giving you that true always on holidays feel. Complete with bathrooms, bedrooms and living on both levels, when the kids are young, you can have them upstairs with you, but as they get older, they can enjoy their own space downstairs. Perfect for guests too, youve got your own privacy and you can come together upstairs or down, out on the decks or by the pool. Voluminous twostorey spacious design ideally suited for a large or growing family Well built brick tile, solid construction, easy care, low maintenance, North yard aspect The aspect lets you enjoy the North sun daily and soak up the cool NE breeze Amazing view from upstairs towards the Lake, fall in love daily with the water outlook Combine privacy with entertaining with upstairs and downstairs covered decks Tucked away from the road with stunning views of Lake Macquarie from upstairs Multiple living options both upstairs downstairs so there is room for everyone Lovely open plan kitchen looking out to the deck and views of Lake Macquarie Kitchen is the heart of the home with breakfast bar making for casual dining Freestanding island bench, lots of kitchen cabinetry, space recently refreshed Generous dedicated lounge area another space for sitting upstairs comfortably Flow from indoors to outdoors entertain on the top deck with built in railing bar Upstairs master bedroom features a builtin robe and a ceiling fan for ultimate comfort Additional bedrooms all generous in size come with builtin robes and ceiling fans Family bathroom is beautifully tiled to the ceiling with a bath, shower heated lights. Airconditioned lounge room ensures yearround comfort for family movie nights Relax in the family room on the ground, huge space looking out to the resort style pool Glistening saltwater inground pool offers a perfect spot to unwind on warm days Generous level yard provides ample space for kids or pets to play, ideal North access. Beautifully landscaped gardens frame the home, fully fenced, adding privacy security Single garage at the front, with the ability to create a covered walkway to the home Walkway access from the home to the Lakeside, across to reserve path to Belmont Across the road are all the popular restaurants Cafes and Lake Macquarie Yacht Club Bring the golf clubs, bowls surfboard with Golf Club Blacksmiths Beach nearby Short drive to Belmont shopping centre, sporting fields and highly regarded schools A big value for money opportunity, youll be impressed with what is on offer... Come view then offer today... Disclaimer While all efforts have been made to gather and present the information accurately, no warranty is provided or implied regarding its correctness. Prospective buyers are encouraged to conduct their own due diligence to ensure satisfaction."
-
68.4%
-
-
$55,000
-$20,995
3.2%
2.4%
-14.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$845,000
Stamp Duty
$32,760
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$84,500
Reg. Mortgage
$164
LMI Premium
$21,759
Renovation Costs
-
Total Cash/Equity Required
$141,379
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$20,200
$29,315
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$29,993
-$20,878
Depreciation
-
-
Tax Offset
-$8,998
-$6,263
Net Cashflow After Tax
-$20,995
-$14,615
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$760,500
$760,500
$200,700
$977,121
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price