$1.18M
$178,090
Confidence
High
High
$1,250,000
Medium
$1,150,000
Low
$1,050,000
Confidence
Not Found
"Living in Currarong means embracing the beach life, holiday, stay, relax, move in, live or invest, the choice is yours when you purchase this home in this lovely seaside town. A lovely elevated position, the home itself is well kept in original condition and is calling for someone with ideas to make it their own. The floorplan will surprise you with plenty packed into this small block, a great location only 290m to the Beach. The upstairs enjoys water glimpses from the lounge, main bedroom and balcony. The living room opens out onto the front balcony where you can hear the waves on the beach, take in the panoramic views and feel the seabreeze. Also upstairs you will find bedroom no 2, bathroom and a living area. Downstairs bedroom no 3, 2nd bathroom and laundry, this open plan design includes a large kitchen, dining and family room which opens out to the paved entertainment area and low maintenance backyard. For those who enjoy DIY projects or need extra storage space, the property comes with a shed. This additional feature can serve as a workshop, storage area, or even a home gym. The 335sqm block is fully fenced, with a grassy lawn front and back great for the kids pets to play. Off street parking and a single garage with internal access, plenty of storage with the builtins, walk in robe in main and the under stairs walk in cupboard. The suburb is known for its stunning coastline, pristine beaches, natural rock pool and peaceful atmosphere. Whether you enjoy swimming, fishing, surfing, or simply soaking up the sun, Currarong offers a beach lifestyle that is both relaxing and invigorating. Explore the many walking tracks out to the soaring cliffs, intimate beaches, explore nature wildlife."
-
87.2%
$1.32M
2.4%
-$1,060,000
-$27,122
2.9%
2.3%
-15.2%
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,179,000
Estimated Purchase Price
$1,060,000
Stamp Duty
$42,435
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$106,000
Reg. Mortgage
$164
LMI Premium
$27,295
Renovation Costs
-
Total Cash/Equity Required
$178,090
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,219
$35,013
Interest Repayments
$62,964
$62,964
Net Cashflow Before Tax
-$38,745
-$27,951
Depreciation
-
-
Tax Offset
-$11,624
-$8,385
Net Cashflow After Tax
-$27,122
-$19,565
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$954,000
$954,000
-$954,000
-$954,000
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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