$579K
$82,875
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
An affordable 3-bedroom home, perfectly positioned within a 750m level walk to Coffs Harbour’s CBD. Enjoy the charm of a spacious layout with a large kitchen, a formal lounge, and a separate sunroom. Ideal for families, the home features a fully fenced yard backing onto a large reserve, providing ample outdoor space. Currently rented at $420 per week, this property is situated on a 447m2 plot with local rates around $3,029 annually. Experience the old-world charm blended with modern conveniences in an ultra-convenient location.
Trusted by over 13k property buyers and counting...
Try Picki for FREE17.3%
51.3%
$563K
7.4%
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Try Picki for FREE$145,000
-$3,651
6.3%
Asking Price
$579,000
Estimated Purchase Price
$535,000
Stamp Duty
$18,810
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$53,500
Reg. Mortgage
$164
LMI Premium
$10,681
Renovation Costs
-
Total Cash/Equity Required
$85,350
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
$31,779
$31,779
Net Cashflow Before Tax
-$5,216
$6,578
Depreciation
-
-
Tax Offset
-$1,565
$1,973
Net Cashflow After Tax
-$3,651
$4,605
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$481,500
$481,500
$244,740
$831,369
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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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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