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$959K
$144,794
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,070,000
Medium
$1,000,000
Low
$930,000
Confidence
Medium
This tropical oasis offers a perfect blend of entertainment and tranquility, situated just 5 minutes from Coffs CBD. The home boasts three large bedrooms, high ceilings, timber floors, and a modern kitchen. Enjoy seamless indoor-outdoor entertaining with a paved courtyard featuring a pizza oven and vegetable patch. Additional features include ample parking with four carports, two garages, and a solid double brick one-bedroom granny flat currently rented at $400 per week. With a creek reserve and park nearby, this property provides comfort, style, and functionality for family or guest retreats.
Trusted by over 13k property buyers and counting...
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74.9%
$720K
5.4%
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Try Picki for FREE$115,000
-$14,844
4.4%
Asking Price
$959,000
Estimated Purchase Price
$885,000
Stamp Duty
$34,560
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$88,500
Reg. Mortgage
$164
LMI Premium
$22,789
Renovation Costs
-
Total Cash/Equity Required
$148,209
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,363
$45,189
Interest Repayments
$52,569
$52,569
Net Cashflow Before Tax
-$21,206
-$7,380
Depreciation
-
-
Tax Offset
-$6,362
-$2,214
Net Cashflow After Tax
-$14,844
-$5,166
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$796,500
$796,500
$271,500
$1,134,190
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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...
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projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
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
