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$1.19M
$174,675
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,160,000
Medium
$1,120,000
Low
$1,080,000
Confidence
Medium
This attractive two-storey home offers versatility with a separate holiday rental option downstairs. It showcases new timber-like flooring, updated kitchens, and modern bathrooms. Four spacious bedrooms with built-in robes provide ample living space. Elevated with scenic tree-top views and refreshing sea breezes, it is conveniently located just under 500m from the beach. A large backyard, single garage, and ample parking complete this ready-to-move-in property. Restaurants and cafes are in proximity for lifestyle and convenience.
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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
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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
0%
69.3%
$820K
4.3%
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Try Picki for FREE-$10,000
-$28,391
3.0%
Asking Price
$1,220,000
Estimated Purchase Price
$1,130,000
Stamp Duty
$45,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$113,000
Reg. Mortgage
$164
LMI Premium
$31,931
Renovation Costs
-
Total Cash/Equity Required
$192,876
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
$1,257
$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
$26,563
$38,357
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$40,559
-$28,765
Depreciation
-
-
Tax Offset
-$12,168
-$8,629
Net Cashflow After Tax
-$28,391
-$20,135
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,196,160
$2,162,373
Loan Balance
I.O
$1,017,000
$1,017,000
$179,160
$1,145,373
