$1.88M
$285,958
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
Experience beachside living in Emerald Beach with a newly renovated, expansive home offering stunning ocean views and exceptional versatility. This three-level property features a total of six bedrooms, configured either as one large residence or two separate studios for rental income. Highlights include a luxurious master suite with panoramic views, a self-contained studio, a modern kitchen with top appliances, two decks for entertaining, a natural freshwater pool, and significant eco-friendly features like solar panels and a water tank. Additional amenities encompass a vibrant local dining scene, proximity to shopping centers, schools, and airports, and access to beautiful beaches. This property combines comfort, leisure, and convenience in a coastal paradise.
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73%
$988K
3.1%
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Try Picki for FREE$105,000
-$41,721
3.3%
Asking Price
$2,050,000
Estimated Purchase Price
$1,895,000
Stamp Duty
$87,280
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$189,500
Reg. Mortgage
$164
LMI Premium
$53,549
Renovation Costs
-
Total Cash/Equity Required
$332,688
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
$112,563
$112,563
Net Cashflow Before Tax
-$59,602
-$36,633
Depreciation
-
-
Tax Offset
-$17,881
-$10,990
Net Cashflow After Tax
-$41,721
-$25,643
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,705,500
$1,705,500
$430,500
$2,155,880
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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...
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projected
for 2025 to 2027
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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