Withheld
$72,978
Confidence
High
High
$1,080,000
Medium
$960,000
Low
$840,000
Confidence
Medium
"On entry, you will be impressed by the quality of this home that has been immaculately maintained and presented. Built by local awardwinning custom home builder McDowell Homes this home is one to add to your inspection list. Designed to make the most of modern coastal living, the expansive openplan kitchen, dining, and living features soaring ceilings, filtered water views and practical spaces that seamlessly flow to the undercover entertaining area. Here you spend many afternoon BBQs with family and friends whilst admiring the faultlessly maintained gardens and private outlook. The heart of the home is designed around the gourmet kitchen. A large island bench, quality appliances, an electric stovetop, servery window and a butlers pantry are just some of the features you will love. Living spaces are aplenty, with an additional living space off the kitchen area, it is ideal for larger families or those who like to relax and watch TV away from the entertaining area. Upstairs features three spacious bedrooms, the master suite is extremely generous in size, with a walkin wardrobe and ensuite. The additional two bedrooms all have builtin wardrobes and easy access to a modern family bathroom. There is also ducted airconditioning throughout the home. The ground floor boasts a versatile layout featuring a generously sized bedroom and ensuite, ideal for guests or multigenerational living. A cozy study nook provides the perfect spot for working from home, while the builtin bar adds a touch of luxury for entertaining. Located close to the hub of Salamander Bay shopping centre, equipped with medical centres, amenities, major grocery stores as well as being close to the local schools, this location offers ultimate convenience. You will also love being close to Bagnalls Beach, Dutchmans Beach and Nelson Bay CBD being only a short drive away. Crafted to perfection, this residence offers a harmonious blend of style, comfort, and functionality, making it the perfect place to call home. Dont miss the opportunity to experience life in Corlette. Contact us today to arrange a private viewing. 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."
-
76.9%
$958K
3.7%
$15,000
-$17,187
4.1%
3.3%
-10.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$945,000
Stamp Duty
$37,260
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$94,500
Reg. Mortgage
$164
LMI Premium
$24,334
Renovation Costs
-
Total Cash/Equity Required
$158,454
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,580
$45,472
Interest Repayments
$56,133
$56,133
Net Cashflow Before Tax
-$24,553
-$10,661
Depreciation
-
-
Tax Offset
-$7,366
-$3,198
Net Cashflow After Tax
-$17,187
-$7,463
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,025,280
$1,853,462
Loan Balance
I.O
$850,500
$850,500
$174,780
$1,002,962
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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