Withheld
$116,620
Confidence
High
High
$700,000
Medium
$640,000
Low
$580,000
Confidence
Medium
"This is your new beach house Suitable for extended families or many guests. This 4 bedroom home has been stylishly updated with a new kitchen overlooking the stunning Moruya River mouth Covered carport, and welcoming front patio leads you into all this home has to offer Upon entry, the top floor boasts 2 bedrooms, master and ensuite and both with water views. Be welcomed down the staircase to the open plan living, dining and new kitchen framed by the expansive backdrop of the Moruya River and ocean views. North facing deck the length of the home makes for fabulous outdoor living. This home has abundant storage on all floors and will make a fabulous investment for either airbnbholiday let business, solid rental potential or corporate letting to the hospital project. The opportunity to purchase this property fully furnished and ready to use can be discussed. Entry level Mastersuite with ensuite. 2nd bedroom with built in robe. Mid level Large bedroombunkroom and full bathroom. New large kitchen with abundant storage and boasts brand new appliances. Large deck overlooking the stunning Moruya River. Laundry with access onto side deck. Bottom level Large bedroom with bathroom and private garden. Side access. Perfect space for additional accommodation private workspace teenage retreat or art studio Potential permanent rental 700 per week. Potential holiday rental 300 low season 500 high season per night. Rates 3,239.25. Land size 559m2. Zoning R2 Low Density Residential. Contact Dawn Mason 0424 847 522 or Bronwyn Dawson on 0418 453 438 from Ray White Moruya to arrange an inspection today"
-
79.1%
$745K
4%
$10,000
-$14,169
3.7%
2.7%
-13.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$630,000
Stamp Duty
$23,085
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$63,000
Reg. Mortgage
$164
LMI Premium
$16,223
Renovation Costs
-
Total Cash/Equity Required
$104,668
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,041
$1,358
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
$17,180
$24,976
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$20,242
-$12,446
Depreciation
-
-
Tax Offset
-$6,073
-$3,734
Net Cashflow After Tax
-$14,169
-$8,712
Assumptions
Year 1
Year 10
Property Value
6.8%
$683,520
$1,235,642
Loan Balance
I.O
$567,000
$567,000
$116,520
$668,642
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 15.0%
Accommodation and Food Services - 12.0%
Education and Training - 9.0%
Others - 48.0%
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