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Withheld
$2,030
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Try Picki for FREEConfidence
High
High
$3,200,000
Medium
$3,000,000
Low
$2,800,000
Confidence
Medium
This luxurious home boasts stunning ocean views and is just meters from the crystal waters of Korora Beach. Featuring versatile living options with dual income potential or a spacious family home setup, the property includes an expansive open-plan living area, multiple bedrooms, and self-contained units. The residence comes complete with a lush garden, a tropical saltwater pool and spa, modern kitchen appliances, solar panels, bore water system, and ample parking. Conveniently located near schools, shopping centers, and other amenities, this property presents a unique opportunity for coastal living or investment.
Trusted by over 13k property buyers and counting...
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82.8%
$1.03M
3.5%
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Try Picki for FREE-$495,000
-$98,170
2.2%
Asking Price
$3,250,000
Estimated Purchase Price
$3,495,000
Stamp Duty
$175,280
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$349,500
Reg. Mortgage
$164
LMI Premium
$98,761
Renovation Costs
-
Total Cash/Equity Required
$625,901
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$67,360
$96,424
Interest Repayments
$207,603
$207,603
Net Cashflow Before Tax
-$140,243
-$111,179
Depreciation
-
-
Tax Offset
-$42,073
-$33,354
Net Cashflow After Tax
-$98,170
-$77,826
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$3,204,000
$5,792,070
Loan Balance
I.O
$3,145,500
$3,145,500
$58,500
$2,646,570
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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
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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
