$850K
$127,719
Confidence
High
High
$1,100,000
Medium
$990,000
Low
$900,000
Confidence
Moderate
"Nestled within the serene locale of Fishing Point, 106 Fishing Point Road presents an idyllic retreat for families seeking the perfect balance of comfort and lifestyle. This NEfacing, brickconstructed abode stands on a generous plot of 746sqm, boasting a blend of privacy and accessibility. Step inside to discover a beautifully appointed timber kitchen, complete with a wall oven and dishwasher, setting the stage for delightful homecooked meals. The heart of the home is the combined lounge and dining room, which is equipped with air conditioning for yearround comfort. The living area effortlessly extends onto an inviting entertaining deck, where one can savour lake views and bask in the tranquility offered by the surrounding native gardens. With three wellproportioned bedrooms, two featuring builtin robes, this home is ideal for families. The high raked ceilings and timber floorboards throughout enhance the sense of space and warmth. A double garage ensures ample parking, and the convenience of nearby amenitiesincluding reserve foreshore parkland, sporting fields, IGA supermarket, new skate park, schools, and boat ramp facilitiesadds to the allure of this captivating property. Seize the opportunity to make this property your familys new sanctuary. Avery Property Professionals are proud to present this beautiful home to the market. Please contact Craig Avery or Charlotte Nelmes today to secure your inspection. Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
86.2%
$1.5M
2.6%
$205,000
-$17,492
3.6%
2.8%
-13.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$850,000
Estimated Purchase Price
$785,000
Stamp Duty
$30,060
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$78,500
Reg. Mortgage
$164
LMI Premium
$20,214
Renovation Costs
-
Total Cash/Equity Required
$131,134
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
$46,629
$46,629
Net Cashflow Before Tax
-$24,989
-$15,265
Depreciation
-
-
Tax Offset
-$7,497
-$4,579
Net Cashflow After Tax
-$17,492
-$10,685
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,057,320
$1,911,383
Loan Balance
I.O
$706,500
$706,500
$350,820
$1,204,883
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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