$2.4M
$425,234
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,700,000
Low
$1,600,000
Confidence
High
Discover a rare opportunity in Illawong with this exclusive waterfront property, offering serene Georges River views. This home sits on a generous 1,998m2 lot and boasts deep water access with a 65m jetty and pontoon. Experience ultimate privacy and tranquility in this sanctuary, featuring three bedrooms with water views, multiple living and entertaining spaces, and a renovated main bathroom. Ideal for immediate enjoyment, or as a canvas for your dream project subject to council approval. Additional features include a separate home office, wine cellar, wood fireplace, air conditioning, and off-street parking for four cars.
Trusted by over 13k property buyers and counting...
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82.1%
$2.98M
2.2%
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Try Picki for FREE$70,000
-$42,459
2.7%
Asking Price
-
Estimated Purchase Price
$1,630,000
Stamp Duty
$72,705
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$163,000
Reg. Mortgage
$164
LMI Premium
$46,060
Renovation Costs
-
Total Cash/Equity Required
$284,125
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,253
$1,635
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
$36,167
$52,025
Interest Repayments
$96,822
$96,822
Net Cashflow Before Tax
-$60,655
-$44,797
Depreciation
-
-
Tax Offset
-$18,197
-$13,439
Net Cashflow After Tax
-$42,459
-$31,358
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,815,600
$3,282,173
Loan Balance
I.O
$1,467,000
$1,467,000
$348,600
$1,815,173
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2021 Population
Suburbs
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 9.0%
Construction - 9.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Days of Supply
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Sold Price
Asking Price