$1.75M
$274,046
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
Enjoy life by the coast with this spacious 5-bedroom, 3-bathroom home set on a 1087m2 lot. Perfect for families and entertainers, this 375m2 two-level home offers an open floor plan with hardwood floors and high ceilings. It's equipped with ducted air conditioning and a functional kitchen full of natural light. The expansive outdoor area includes a 10-meter pool and spa. The property boasts a self-contained studio for guests or multigenerational living, an oversized garage, and established gardens. Built in 1998, it offers a comfortable coastal life minutes from pristine beaches and local dining.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
87.9%
$410K
8.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$130,000
-$38,686
3.0%
Asking Price
$1,750,000
Estimated Purchase Price
$1,620,000
Stamp Duty
$72,155
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$162,000
Reg. Mortgage
$164
LMI Premium
$45,778
Renovation Costs
-
Total Cash/Equity Required
$282,293
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
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
$40,962
$58,851
Interest Repayments
$96,228
$96,228
Net Cashflow Before Tax
-$55,266
-$37,377
Depreciation
-
-
Tax Offset
-$16,580
-$11,213
Net Cashflow After Tax
-$38,686
-$26,164
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,458,000
$1,458,000
$411,000
$1,920,707
Below are some similar properties in the area you may be interested in.
Location, 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 - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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