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$1000K
$184,920
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Try Picki for FREEConfidence
High
High
$1,250,000
Medium
$1,150,000
Low
$1,050,000
Confidence
Medium
Discover the ultimate beach lifestyle in Korora with this stunning, single-level beach home. Just a short walk from breathtaking beaches, a resort, and a school, this home offers seamless open-plan living with modern finishes. Enjoy a well-equipped kitchen featuring stone benchtops, a pantry, and stainless-steel appliances. The expansive outdoor entertaining area boasts a 17-meter heated pool and spa. This home features three generous bedrooms, two bathrooms, and a study area, all complemented by ducted air conditioning, ceiling fans, and timber floors. With a double carport, fenced yards, and lush gardens, it's perfect for families. Located within a short drive to Coffs Harbour, enjoy easy access to shopping, entertainment, and travel options.
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73.3%
$1.08M
3.6%
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Try Picki for FREE$75,000
-$22,744
3.6%
Asking Price
$1,000,000
Estimated Purchase Price
$1,075,000
Stamp Duty
$43,110
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$107,500
Reg. Mortgage
$164
LMI Premium
$27,682
Renovation Costs
-
Total Cash/Equity Required
$180,651
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,257
$1,640
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
$31,363
$45,189
Interest Repayments
$63,855
$63,855
Net Cashflow Before Tax
-$32,492
-$18,666
Depreciation
-
-
Tax Offset
-$9,748
-$5,600
Net Cashflow After Tax
-$22,744
-$13,066
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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
$967,500
$967,500
$260,700
$1,252,793
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
