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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
142 Spinnaker Way, Corlette is a single-level home designed for those who enjoy a seamless indoor-outdoor lifestyle. Set within a prime neighborhood, it features an open floor plan connecting the kitchen, dining, and living spaces. The property boasts two living areas divided by a gourmet kitchen and dining area. It includes three bedrooms with built-in robes, with the master suite offering a walk-in robe and ensuite. Contemporary conveniences include ducted air conditioning, ceiling fans, and a sophisticated open fireplace in the second living area. The outdoor alfresco area, ideal for year-round entertainment, features a built-in BBQ, decking, and versatile eclipse ceiling. With a double lock-up garage and proximity to local beaches and a shopping center, this home offers low maintenance and is move-in ready.
Trusted by over 13k property buyers and counting...
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62.9%
$954K
3.5%
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Try Picki for FREE$15,000
-$23,457
3.3%
Asking Price
-
Estimated Purchase Price
$1,015,000
Stamp Duty
$40,410
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$101,500
Reg. Mortgage
$164
LMI Premium
$26,137
Renovation Costs
-
Total Cash/Equity Required
$170,406
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
$60,291
$60,291
Net Cashflow Before Tax
-$33,511
-$21,651
Depreciation
-
-
Tax Offset
-$10,053
-$6,495
Net Cashflow After Tax
-$23,457
-$15,155
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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
$913,500
$913,500
$186,540
$1,075,111
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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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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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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
