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$1.85M
$282,293
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Low
The Cove on Milsons is a retreat-style waterfront home offering a perfect blend of luxury and nature. Located in an exclusive coastal enclave, it features a private jetty with boat access only, and breathtaking views of the Brooklyn Bridge and Milsons Island. This home embodies sophistication with its vaulted cathedral ceilings, floor-to-ceiling windows, and sun-soaked open-plan living spaces. The residence has strong short-term rental potential, with a history of high guest satisfaction. It offers modern amenities including solar panels, security systems, and a robust water supply system from four large tanks.
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-$19,009
3.5%
Asking Price
-
Estimated Purchase Price
$825,000
Stamp Duty
$31,860
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$82,500
Reg. Mortgage
$164
LMI Premium
$21,244
Renovation Costs
-
Total Cash/Equity Required
$137,964
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,172
$1,529
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
$21,849
$31,637
Interest Repayments
$49,005
$49,005
Net Cashflow Before Tax
-$27,156
-$17,368
Depreciation
-
-
Tax Offset
-$8,147
-$5,210
Net Cashflow After Tax
-$19,009
-$12,158
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$742,500
$742,500
$138,600
$850,319
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Education and Training - 13.0%
Retail Trade - 12.0%
Construction - 8.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
