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$510K
$81,226
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Try Picki for FREEConfidence
Medium
High
$570,000
Medium
$510,000
Low
$450,000
Confidence
N/A
Discover your waterfront paradise at 98 Riverside Drive in charming Karuah, NSW. Just 2 hours from Sydney and 40 minutes from Newcastle, this property offers direct river access, perfect for boating, fishing, or enjoying the stunning natural surroundings. Karuah's peaceful atmosphere features cafes, clubs, a supermarket, and schools, plus proximity to Karuah National Park and beautiful coastal destinations like Port Stephens and Hawks Nest. All essential services are available, making this a rare chance to build your dream home on one of the few affordable waterfront properties within reach of major cities.
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89.5%
$590K
4.4%
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-$24,298
-
Asking Price
$510,000
Estimated Purchase Price
$510,000
Stamp Duty
$17,685
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$51,000
Reg. Mortgage
$164
LMI Premium
$10,182
Renovation Costs
-
Total Cash/Equity Required
$81,226
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,417
-$5,763
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$34,711
-$36,057
Depreciation
-
-
Tax Offset
-$10,413
-$10,817
Net Cashflow After Tax
-$24,298
-$25,240
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Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$459,000
$459,000
$85,680
$525,652
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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
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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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Trusted by over 13,000 property buyers and counting...
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
