Withheld
$210,822
Confidence
High
High
$880,000
Medium
$800,000
Low
$720,000
Confidence
Medium
"Embrace coastal living in this beautifully renovated sandstone beach house, located just meters from the sparkling shores of Currarong Beach. This charming 3 bedroom, 1 bathroom home is movein ready and fully furnished, making it ideal for permanent residence or a highearning Airbnb. The interior features a fresh renovation with new flooring, a modern kitchen equipped with brandnew appliances, and an updated bathroom. Enjoy the comfortable, welldefined living spaces designed for relaxation. Outside, unwind on the front deck with the ocean breeze or entertain on the private backyard patio. Set on a generous 679m lot, this home offers ample outdoor space while maintaining a lowmaintenance lifestyle. Dont miss the opportunity to own this piece of Currarong paradiseschedule your private tour today Contact Cindy McGillivray on 0413 724 446 to arrange an inspection."
-
91.4%
$1.2M
2.6%
$30,000
-$20,103
3.0%
2.2%
-15.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$770,000
Stamp Duty
$29,385
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$77,000
Reg. Mortgage
$164
LMI Premium
$19,828
Renovation Costs
-
Total Cash/Equity Required
$128,573
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,202
$1,568
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
$17,019
$24,766
Interest Repayments
$45,738
$45,738
Net Cashflow Before Tax
-$28,719
-$20,972
Depreciation
-
-
Tax Offset
-$8,616
-$6,291
Net Cashflow After Tax
-$20,103
-$14,680
Assumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$693,000
$693,000
$161,400
$851,552
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Public Administration and Safety - 10.0%
Others - 51.0%
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