$2.5M
$386,750
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$2,500,000
Medium
$2,350,000
Low
$2,200,000
Confidence
Medium
This stunning beachfront property in Emerald Beach offers a luxurious living experience with uninterrupted ocean views. The home boasts a corner block location and spans two levels to capitalize on the breathtaking ocean and mountain vistas. Key features include a well-appointed contemporary kitchen, a luxurious master suite with spa bath, multiple entertaining areas, and a private backyard with a firepit and vegetable gardens. Additional amenities include ducted air conditioning, a three-car garage, abundant storage, solar power, and an NBN connection. The property is conveniently located near local dining, shopping centers, schools, and Coffs Harbour, making it an ideal lifestyle choice.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
73%
$988K
3.1%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$35,000
-$59,185
2.7%
Asking Price
$2,500,000
Estimated Purchase Price
$2,315,000
Stamp Duty
$110,380
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$231,500
Reg. Mortgage
$164
LMI Premium
$65,417
Renovation Costs
-
Total Cash/Equity Required
$409,657
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,257
$1,640
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
$52,961
$75,930
Interest Repayments
$137,511
$137,511
Net Cashflow Before Tax
-$84,550
-$61,581
Depreciation
-
-
Tax Offset
-$25,365
-$18,474
Net Cashflow After Tax
-$59,185
-$43,107
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,509,800
$4,537,121
Loan Balance
I.O
$2,083,500
$2,083,500
$426,300
$2,453,621
Below are some similar properties in the area you may be interested in.
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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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