$2.6M
$402,326
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Try Picki for FREEConfidence
High
High
$2,800,000
Medium
$2,600,000
Low
$2,400,000
Confidence
Medium
This luxury property in the prestigious Belmont estate offers elegance and sophistication at 8 The Mainsail. It features spacious living areas with natural light, a gourmet kitchen with high-end appliances, and a cozy fireplace. The master suite includes a renovated ensuite and walk-in robe. Additional bedrooms and a large downstairs area provide space for various needs. The outdoor balcony and yard offer breathtaking views of Lake Macquarie, ideal for relaxation or hosting events. A triple car garage and shelved workshop enhance its functionality. Close to dining, shopping, and recreation, this home combines luxury and convenience.
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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$220,000
-$61,974
2.6%
Asking Price
$2,600,000
Estimated Purchase Price
$2,380,000
Stamp Duty
$113,955
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$238,000
Reg. Mortgage
$164
LMI Premium
$67,254
Renovation Costs
-
Total Cash/Equity Required
$421,568
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,837
$75,768
Interest Repayments
$141,372
$141,372
Net Cashflow Before Tax
-$88,535
-$65,604
Depreciation
-
-
Tax Offset
-$26,560
-$19,681
Net Cashflow After Tax
-$61,974
-$45,923
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,776,800
$5,019,794
Loan Balance
I.O
$2,142,000
$2,142,000
$634,800
$2,877,794
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