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$900K
$135,403
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Try Picki for FREEConfidence
High
High
$960,000
Medium
$900,000
Low
$840,000
Confidence
Medium
This rare double brick home, positioned only 1.1 km from the beach, offers a unique blend of a relaxed beach house feel with a Mediterranean exterior. Featuring a split-level design with three bedrooms and an additional studio, it is perfect for versatile family living. The open-plan kitchen and dining area seamlessly extend to rear decks, providing an inviting space to relax or entertain. The expansive yard offers ample space for children or potential enhancements like a pool. Located in a serene cul-de-sac, the property promises a rich lifestyle with close proximity to local dining options, cafes, and effortless access to vibrant beaches and nature. Encompassing a garage and carport, this home sits on a flat 632.3m2 block with lovely gardens, offering forecast rental potential of $720-$750 per week and convenient access to both Moonee Market and Coffs Central.
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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
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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%
75.1%
$925K
4.3%
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Try Picki for FREE$65,000
-$16,125
4.0%
Asking Price
$900,000
Estimated Purchase Price
$835,000
Stamp Duty
$32,310
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$83,500
Reg. Mortgage
$164
LMI Premium
$21,502
Renovation Costs
-
Total Cash/Equity Required
$139,671
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
$49,599
$49,599
Net Cashflow Before Tax
-$23,036
-$11,242
Depreciation
-
-
Tax Offset
-$6,911
-$3,373
Net Cashflow After Tax
-$16,125
-$7,869
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$751,500
$751,500
$209,700
$986,121
