Withheld
$182,359
Confidence
High
High
$1,320,000
Medium
$1,250,000
Low
$1,180,000
Confidence
Medium
"This 3 bedroom single level home is ideal for the retiree or investor. Located just a short stroll, less than 1km, from Fingal Bay Beach, restaurants and clubs. Features include Built in robes to all and an ensuite off the main, split system air conditioning, extra toilet in laundry, a double garage with storage and drive through access to the undercover outdoor area. The yard is level and low maintenance with bore water sprinkler system and a fantastic undercover BBQ area. This is your opportunity to call Fingal Bay home. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries."
9.5%
52.9%
$725K
4.9%
$20,000
-$30,717
3.0%
2.4%
-14.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,230,000
Stamp Duty
$50,705
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$123,000
Reg. Mortgage
$164
LMI Premium
$34,757
Renovation Costs
-
Total Cash/Equity Required
$210,822
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$1,040
$1,357
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
$29,180
$42,056
Interest Repayments
$73,062
$73,062
Net Cashflow Before Tax
-$43,882
-$31,006
Depreciation
-
-
Tax Offset
-$13,165
-$9,302
Net Cashflow After Tax
-$30,717
-$21,704
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,107,000
$1,107,000
$228,000
$1,306,362
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price