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$620K
$92,715
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$655,000
Low
$620,000
Confidence
Medium
This spacious and modern 3-bedroom villa is situated in the desirable Macarto complex. Designed for downsizers, it offers secure, single-level living with air-conditioned open-plan areas, a well-equipped kitchen, and a low-maintenance courtyard. Key features include built-in robes, a 2-way bathroom with mobility-friendly design, and a separate toilet. The complex boasts beautifully landscaped grounds, a communal pool, and a gazebo, all within minutes of Coffs Harbour's CBD. With a remote single lock-up garage and proximity to town, this villa is a prime opportunity for comfortable living.
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63.3%
$737K
5%
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Try Picki for FREE$80,000
-$5,314
5.9%
Asking Price
$620,000
Estimated Purchase Price
$575,000
Stamp Duty
$20,610
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$57,500
Reg. Mortgage
$164
LMI Premium
$14,806
Renovation Costs
-
Total Cash/Equity Required
$95,276
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,563
$38,357
Interest Repayments
$34,155
$34,155
Net Cashflow Before Tax
-$7,592
$4,202
Depreciation
-
-
Tax Offset
-$2,277
$1,261
Net Cashflow After Tax
-$5,314
$2,942
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$699,540
$1,264,602
Loan Balance
I.O
$517,500
$517,500
$182,040
$747,102
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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
