$895K
$134,549
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Try Picki for FREEConfidence
High
High
$1,170,000
Medium
$1,100,000
Low
$1,030,000
Confidence
Medium
Discover a prime opportunity with this surf shack situated on a substantial 700 sqm block near Killick Creek, offering easy access to swimming and snorkeling. The property features three spacious bedrooms, a neat bathroom, and open-plan living areas that merge seamlessly with a modern kitchen. A second bathroom is conveniently located in the laundry. With side access to a expansive backyard, benefit from a secure two-car shed providing ample space for a caravan, trailer, or boat. Enjoy proximity to top-tier surf beaches and a variety of local amenities including shops, cafes, and a golf course. Located in a coveted holiday area, just 20 minutes from Kempsey and 45 minutes from Port Macquarie, it presents an ideal opportunity for investment, holiday retreats, or renovations rewarding in future gains.
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58.5%
$911K
2.7%
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Try Picki for FREE$270,000
-$15,849
4.1%
Asking Price
$895,000
Estimated Purchase Price
$830,000
Stamp Duty
$32,085
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$83,000
Reg. Mortgage
$164
LMI Premium
$21,373
Renovation Costs
-
Total Cash/Equity Required
$138,818
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
$1,160
$1,514
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
$26,660
$38,484
Interest Repayments
$49,302
$49,302
Net Cashflow Before Tax
-$22,642
-$10,818
Depreciation
-
-
Tax Offset
-$6,792
-$3,245
Net Cashflow After Tax
-$15,849
-$7,573
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$747,000
$747,000
$427,800
$1,376,759
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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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Trusted by over 13,000 property buyers and counting...
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
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