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$749K
$108,936
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Try Picki for FREEConfidence
High
High
$820,000
Medium
$780,000
Low
$740,000
Confidence
Medium
This renovated property on a 1,126 sqm block offers a rural escape with modern amenities. Located near Star Creek and a short walk from Coramba Village, the home is designed for comfort and style. It features an open-plan living area with a fireplace, a spacious kitchen with new appliances, and an outdoor area ideal for entertaining. There are three bedrooms, a renovated bathroom, and various outdoor amenities, including a detached structure with kitchen and bathroom. Proximity to Coffs Harbour and local conveniences make this home an attractive choice.
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82.4%
$605K
6.2%
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Try Picki for FREE-$10,000
-$14,254
4.3%
Asking Price
$780,000
Estimated Purchase Price
$790,000
Stamp Duty
$30,285
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$79,000
Reg. Mortgage
$164
LMI Premium
$20,343
Renovation Costs
-
Total Cash/Equity Required
$131,988
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
$46,926
$46,926
Net Cashflow Before Tax
-$20,363
-$8,569
Depreciation
-
-
Tax Offset
-$6,109
-$2,571
Net Cashflow After Tax
-$14,254
-$5,998
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$711,000
$711,000
$122,040
$794,938
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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
