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$1.15M
$196,341
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Try Picki for FREEConfidence
High
High
$1,250,000
Medium
$1,200,000
Low
$1,150,000
Confidence
Medium
This stunning property boasts sparkling water views, creating a serene, relaxed atmosphere. With a stylish eat-in kitchen featuring an island bench and ample cabinetry, it's perfect for culinary enthusiasts. The large open lounge and family room offer flexibility, while three bedrooms, including a main with a walk-in robe, provide ample space. The beautifully renovated bathroom adds a modern touch. Front and back verandas offer peaceful spots to unwind. High ceilings, floorboards, air conditioning, and ceiling fans enhance comfort. Set on a 918m2 block with a 25m frontage, the property provides access to the backyard. The single lock-up garage, workshop, and 4-car carport cater to your storage needs. Located within meters of the waterfront reserve, this home exudes a holiday vibe. Future development prospects subject to approval make this a must-see gem.
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82.1%
$795K
3.8%
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Try Picki for FREE-$100,000
-$38,906
2.2%
Asking Price
$1,299,000
Estimated Purchase Price
$1,300,000
Stamp Duty
$54,555
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$130,000
Reg. Mortgage
$164
LMI Premium
$36,735
Renovation Costs
-
Total Cash/Equity Required
$223,650
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,381
$1,802
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
$21,640
$31,364
Interest Repayments
$77,220
$77,220
Net Cashflow Before Tax
-$55,580
-$45,856
Depreciation
-
-
Tax Offset
-$16,674
-$13,757
Net Cashflow After Tax
-$38,906
-$32,099
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,170,000
$1,170,000
$111,600
$1,146,828
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
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 2024 to 2026
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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
