Withheld
$69,678
Confidence
High
High
$1,160,000
Medium
$1,120,000
Low
$1,080,000
Confidence
Medium
"The prime position of this immaculate low maintenance duplex is extremely sought after, located across the road from the sandy shore and waters edge. The functional layout is ideal for families, downsizers or a perfect holiday retreat. Take advantage of this fantastic opportunity and enjoy life by the beach, without the price tag Features include Three bedrooms of accommodation and two bathrooms Large spacious living and dining area West facing undercover balcony with filtered water views Spacious double garage Airconditioning Plantation shutters throughout This incredible location is across from the beach, walking distance local cafes, shops and restaurants. Leave the car at home and just walk the paddle boards and kayaks across the road to the water. Public transport and soughtafter schools are both within close proximity, so do not delay in arranging your inspection as this property will certainly not last long. All information contained herein is gathered from sources we deem reliable. However, First National Port Stephens cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. First National Port Stephens does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. First National Port Stephens accepts no liability for any loss or damage whether caused by negligence or not resulting from reliance on this information, and interested parties should make their own investigations before purchasing. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. View our privacy policy here httpsfnportstephens.com.auprivacypolicy."
-
81.5%
$1.23M
3.2%
$65,000
-$26,800
3.0%
2.3%
-15.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,055,000
Stamp Duty
$42,210
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$105,500
Reg. Mortgage
$164
LMI Premium
$27,167
Renovation Costs
-
Total Cash/Equity Required
$177,236
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,381
$35,225
Interest Repayments
$62,667
$62,667
Net Cashflow Before Tax
-$38,286
-$27,442
Depreciation
-
-
Tax Offset
-$11,486
-$8,233
Net Cashflow After Tax
-$26,800
-$19,210
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,196,160
$2,162,373
Loan Balance
I.O
$949,500
$949,500
$246,660
$1,212,873
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price