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Withheld
$2,030
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$950,000
Low
$900,000
Confidence
Medium
This affordable, single-level home in Corlette is perfect for first-time buyers or retirees. Set back from the street, it's surrounded by lush greenery for quiet, coastal living. The property boasts three bedrooms, formal living and dining areas, and a fully fenced backyard with updated lawns. Conveniently located close to shopping and beaches, this opportunity won't last long.
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89.1%
$1.01M
3.6%
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Try Picki for FREE$15,000
-$20,131
3.6%
Asking Price
-
Estimated Purchase Price
$935,000
Stamp Duty
$36,810
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$93,500
Reg. Mortgage
$164
LMI Premium
$24,077
Renovation Costs
-
Total Cash/Equity Required
$156,746
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
$55,539
$55,539
Net Cashflow Before Tax
-$28,759
-$16,899
Depreciation
-
-
Tax Offset
-$8,628
-$5,070
Net Cashflow After Tax
-$20,131
-$11,829
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$841,500
$841,500
$173,100
$992,655
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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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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
