$1.1M
$184,920
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Try Picki for FREEConfidence
High
High
$1,220,000
Medium
$1,150,000
Low
$1,080,000
Confidence
Medium
This spacious 4-bedroom home in a quiet cul-de-sac offers a generous 719m2 block with an impressive layout suitable for families. The master bedroom features an ensuite and walk-in robe, while three other bedrooms come with built-in robes. Split across three levels, this home has formal and informal living spaces, a main bathroom with a corner bath, and a powder room. Ducted air conditioning and a vacuum system ensure comfort and ease of maintenance. The property includes a double garage with internal access, side access for a caravan or boat, a covered entertaining deck, and low-maintenance gardens. Proximity to Redhead Beach, solar panels, a potential space for a pool, and convenient council and water rates add extra appeal.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.9%
80.5%
$911K
3.9%
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Try Picki for FREE-$50,000
-$12,910
5.2%
Asking Price
$1,200,000
Estimated Purchase Price
$1,200,000
Stamp Duty
$49,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$120,000
Reg. Mortgage
$164
LMI Premium
$33,909
Renovation Costs
-
Total Cash/Equity Required
$205,324
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
$1,381
$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
$52,837
$75,768
Interest Repayments
$71,280
$71,280
Net Cashflow Before Tax
-$18,443
$4,488
Depreciation
-
-
Tax Offset
-$5,533
$1,346
Net Cashflow After Tax
-$12,910
$3,141
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$1,080,000
$1,080,000
$148,200
$1,140,293
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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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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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