$1.1M
$184,920
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Try Picki for FREEConfidence
High
High
$1,050,000
Medium
$1,013,100
Low
$1,000,000
Confidence
Not applicable
Experience luxurious beachside living in this renovated 5-bedroom, 2-bathroom home steps away from Mullaway Beach. Featuring an entertainer's kitchen with high-end finishes and a view of the private yard adjoining a nature reserve, this property offers a tranquil retreat or investment potential. Its versatile open-plan layout includes a separate entry 5th bedroom, ideal for Airbnb or granny-flat use. Enjoy expansive grounds on an 829 sqm lot with subdivision potential, all while being close to the beach in a sought-after coastal location. Built in 1985, this residence invites you to embrace an unparalleled coastal lifestyle.
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72.3%
$1.17M
2.4%
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Try Picki for FREE$100,000
-$48,982
-
Asking Price
$1,100,000
Estimated Purchase Price
$1,100,000
Stamp Duty
$44,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$110,000
Reg. Mortgage
$164
LMI Premium
$28,325
Renovation Costs
-
Total Cash/Equity Required
$184,920
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,634
-$6,046
Interest Repayments
$65,340
$65,340
Net Cashflow Before Tax
-$69,974
-$71,386
Depreciation
-
-
Tax Offset
-$20,992
-$21,416
Net Cashflow After Tax
-$48,982
-$49,970
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$990,000
$990,000
$291,600
$1,326,828
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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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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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