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Withheld
$162,723
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Try Picki for FREEConfidence
High
High
$1,140,000
Medium
$1,030,000
Low
$920,000
Confidence
Medium
Welcome to 61 Corrie Parade, Corlette. This generously sized property sits perfectly in one of Corlette’s prime streets with a northerly aspect offering captivating water views over Corlette Beach and The Anchorage. Ideal for those looking to customize their dream home, it includes three large bedrooms, two well-equipped bathrooms, and a double lock-up garage. The bright open kitchen, living, and dining areas lead seamlessly to balconies with stunning vistas, enhancing the indoor-outdoor living experience. A second living area presents additional flexibility. Located just a short walk from Corlette Beach and The Anchorage Resort, and close to Salamander Bay Shopping, this property provides an exceptional chance to embrace a coastal lifestyle in a highly desired location.
Trusted by over 13k property buyers and counting...
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80.8%
$1.55M
2.4%
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Try Picki for FREE$60,000
-$21,586
3.5%
Asking Price
-
Estimated Purchase Price
$970,000
Stamp Duty
$38,385
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$97,000
Reg. Mortgage
$164
LMI Premium
$24,978
Renovation Costs
-
Total Cash/Equity Required
$162,723
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
$1,040
$1,357
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
$26,780
$38,640
Interest Repayments
$57,618
$57,618
Net Cashflow Before Tax
-$30,838
-$18,978
Depreciation
-
-
Tax Offset
-$9,251
-$5,693
Net Cashflow After Tax
-$21,586
-$13,284
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$873,000
$873,000
$227,040
$1,115,611
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
Average Income
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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
