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$1.4M
$267,632
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Try Picki for FREEConfidence
High
High
$1,400,000
Medium
$1,320,000
Low
$1,240,000
Confidence
Medium
Located in the stunning locale of Korora, this contemporary coastal house offers breathtaking ocean and mountain views. Spanning two seamless levels, the home features open-plan living and dining areas connected to a modern kitchen with high-end appliances and a walk-in pantry. It boasts four spacious bedrooms, including a main suite with its own ensuite and walk-in robe. The property also includes a second living room with access to stunning views, modern conveniences like air conditioning, ceiling fans, and solar panels. Outdoors, enjoy a decked entertaining area, tropical pool, and lush gardens. Situated within walking distance of beaches, schools, and amenities, and a short drive to Coffs Harbour, this property is a dream beachside escape with a rental forecast of $920 per week.
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78%
$960K
4.1%
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Try Picki for FREE-$185,000
-$37,264
2.9%
Asking Price
$1,400,000
Estimated Purchase Price
$1,505,000
Stamp Duty
$65,830
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$150,500
Reg. Mortgage
$164
LMI Premium
$42,528
Renovation Costs
-
Total Cash/Equity Required
$261,218
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
$1,257
$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
$36,163
$52,020
Interest Repayments
$89,397
$89,397
Net Cashflow Before Tax
-$53,234
-$37,377
Depreciation
-
-
Tax Offset
-$15,970
-$11,213
Net Cashflow After Tax
-$37,264
-$26,164
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,409,760
$2,548,511
Loan Balance
I.O
$1,354,500
$1,354,500
$55,260
$1,194,011
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
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