$699K
$104,668
Confidence
High
High
$1,160,000
Medium
$1,050,000
Low
$940,000
Confidence
Medium
"Located in the heart of Fishing Point youll find this tidy three bedroom home thats both move in ready and full of opportunity The home features a spacious floorplan with large living, kitchen and dining areas plus converted garage to utility space including its own bathroom. Set out on a large, level and fully fenced 695.6sqm block ideal for kids and pets. Located just moments from Alkrington Park, Lake Macquarie, boat ramp, public jettys, local school and shopping village. PROPERTY HIGHLIGHTS Great location Spacious living areas Updated kitchen Timber floorboards Large level backyard Room for large shed or granny flat STCA Two bathrooms in the house Large utilitymultipurpose room downstairs Close to park, lake and boat ramp Great natural light The information contained herein has been provided by people we believe to be reliable, however all interested parties must rely on their own enquiries."
-
92.1%
-
-
$405,000
-$8,647
5.2%
4.0%
-8.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$699,000
Estimated Purchase Price
$645,000
Stamp Duty
$23,760
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$64,500
Reg. Mortgage
$164
LMI Premium
$16,609
Renovation Costs
-
Total Cash/Equity Required
$107,229
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,280
$47,368
Property Management
+7.7% PA
$2,563
$3,647
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
$25,959
$37,512
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$12,354
-$801
Depreciation
-
-
Tax Offset
-$3,706
-$240
Net Cashflow After Tax
-$8,647
-$560
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$580,500
$580,500
$540,900
$1,446,724
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price