Withheld
$210,822
Confidence
High
High
$980,000
Medium
$900,000
Low
$820,000
Confidence
High
"Welcome to your coastal haven Whether youre looking for a holiday home, investment or a seachange look no further Nestled in the picturesque seaside hamlet of Currarong, this renovated threebedroom, twobathroom dual level home is a sanctuary of comfort and style. Offering three bedrooms, a modern kitchen openplan living space. The additional living space on the ground floor is perfectly suited for a kids retreat, or additional accommodation for visiting family friends. It is currently used as the third bedroom open lounge area. There are water glimpses from the upstairs rooms and deck. Youll love the convenience of multiple beaches, rock pools and serene swimming inlets just a short distance from your doorstep. Currarongs seaside village beckons with a variety of spots perfect for swimming, fishing, and enjoying the coastal walk wonders. The generous 822m2 block means that there is heaps of space in the huge back yard. The property was previously a holiday rental and could be sold with most of the furniture included. Additional property features Modern kitchen with gas cooktop, electric oven, dishwasher island bench Front rear decks Spacious yard, fully fenced side yard access Reverse cycle airconditioning ceiling fans Single lockup garage with drivethrough access Notable local amenities Beach Safari Cafe Convenient Store Currarong Bowling Recreation Club Currarong Beach Rockpools Boatramp, tennis court skate park Beecroft Peninsula providing access to Honeymoon Bay, Long Beach Point Perpendicular Lighthouse lookout Abraham Bosoms Beach picturesque Walking Track providing access to Gosangs Tunnel, Mermaid Inlet more Currarong is a small coastal fishing and tourist village of only 556 houses Currarong is situated approximately 30 minutes 32.5km from the Nowra CBD. For more information or to arrange an inspection, contact Jared Cochrane on 0404 210 824 or via jared.cochranenowra.rh.com.au"
-
87.2%
$1.32M
2.4%
-$260,000
-$32,960
2.5%
1.9%
-16.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,290,000
Estimated Purchase Price
$1,160,000
Stamp Duty
$46,935
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$116,000
Reg. Mortgage
$164
LMI Premium
$32,779
Renovation Costs
-
Total Cash/Equity Required
$198,074
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,819
$31,598
Interest Repayments
$68,904
$68,904
Net Cashflow Before Tax
-$47,085
-$37,306
Depreciation
-
-
Tax Offset
-$14,126
-$11,192
Net Cashflow After Tax
-$32,960
-$26,114
Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$1,044,000
$1,044,000
-$82,800
$693,621
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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