Withheld
$301,535
Confidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
"Discover the ultimate lifestyle on the flat, where everything you need is at your fingertips, but the quiet coastal charm of the neighbourhood remains. Everything is only a walk or short bike ride away, with stunning waterways, beautiful nature walks, popular cafs and shopping strip and you are still only just over an hour from Sydney. Whether youre buying your first home, preparing for retirement or starting a new chapter with a growing family, if you value a great location without the hassle of upkeep and maintenance than this home could be the perfect fit. The easy care and low maintenance courtyard will mean you can dispose of the lawn mower and will be spending your weekends and free time walking through the subtropical rainforest to the hidden gem of Naru Beach for paddle boarding, kayaking or swimming adventures with the kids or dogs in the pristine and calm waters. If youre in the mood for more activity, cycle over to Swansea, enjoying stops at Blacksmiths and Pelican Beaches along the way. The flat terrain makes for an easy ride. Prefer to drive Belmont and Swansea are less than 5 minutes away, offering a range of supermarkets, services, dining options, and entertainment. No car The bus service is at your convenience. After a day of adventuring, you will be coming home to privacy and quiet being tucked away from the street and holding a perimeter location in the complex where the neighbours are all friendly and willing to say hello but wont be living out of your pocket day to day. The modern design couples with a seamless floor plan perfectly for that calming feeling of home with all the luxuries. Beautiful glass stacker doors connect the open plan kitchen, living and dining to the outdoor deck, so you can be cooking, entertaining and a part of the conversation all at the same time. If quiet mornings are more your thing, boil the kettle and make your morning cuppa in the sophisticated and streamlined kitchen before stepping out to relax with newspaper or morning news. The kitchen has been perfectly placed with fresh finishes, more than enough cupboard and bench space and quality appliances whether you are cooking up a storm or hanging for a chat by the breakfast bar. Bedrooms have all been tucked away upstairs if you need to slip away from entertaining, the television or kids. Have your choice of main bedroom with two ensuites, ideal for growing families, shift workers or those just wanting some extra space. Its all the added extras that really set this home apart, with plantation shutters throughout, air conditioning, ceiling fans, internal access from the automatic garage and storage on both levels. Bringing the best of both worlds together with the benefits of quiet coastal living and modern convenience. Come and enjoy what this hidden gem has to offer Enjoy living on the flat in this quiet and tightly held gem of Lake Macquarie Walk or ride your bike to the caf and shopping strip popular among locals Moments from calm waters of Naru Beach for swimming or paddle boarding Exercise the dogs at the local dog park and walk the subtropical rainforest Tucked away from the street at the rear of modern visually appealing complex Love the north facing aspect, high ceilings natural light streaming through the home Indoor and outdoor living seamlessly connected by beautiful glass stacker doors Wonderfully bright kitchen with quality appliances and lots of storage and bench space Powder room downstairs perfect for guests or when you need to rush in from outside Master suite has its own hallway entry with luxury of walkin robe and ensuite Stunning plantation shutters, air conditioning, ceiling fans and lots of storage Internal access from the automatic garage, making bringing in the groceries easy Low maintenance courtyard so you can spend more time enjoying coastal living"
30.8%
44.2%
$810K
3.2%
$25,000
-$49,858
2.3%
1.8%
-16.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,725,000
Stamp Duty
$77,930
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$172,500
Reg. Mortgage
$164
LMI Premium
$48,745
Renovation Costs
-
Total Cash/Equity Required
$301,535
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
$1,381
$1,802
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
$31,239
$45,027
Interest Repayments
$102,465
$102,465
Net Cashflow Before Tax
-$71,226
-$57,438
Depreciation
-
-
Tax Offset
-$21,368
-$17,231
Net Cashflow After Tax
-$49,858
-$40,207
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,552,500
$1,552,500
$316,500
$1,826,207
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price