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$175K
$26,930
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,000,000
Medium
$1,800,000
Low
$1,600,000
Confidence
Medium
Discover a stunning 374m2, 3-level home nestled in the serene seaside village of Mylestom Longbeach. Just 15 minutes from Bellingen and Coffs Harbour, this property offers the perfect blend of tranquility and convenience with easy access to a patrolled beach, riverside pool, and local amenities. The home boasts 8 bedrooms, 3 bathrooms, open plan living, a loft with panoramic views, and dual kitchens. Featuring both tiled and parquetry flooring, the property includes a North-facing rear yard with fruit trees and has an existing D.A. approval to generate separate income.
Trusted by over 13k property buyers and counting...
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67.6%
$895K
191%
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Try Picki for FREE-$100,000
-$41,868
3.3%
Asking Price
$1,900,000
Estimated Purchase Price
$1,900,000
Stamp Duty
$87,555
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$190,000
Reg. Mortgage
$164
LMI Premium
$53,690
Renovation Costs
-
Total Cash/Equity Required
$333,605
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,169
$1,525
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
$53,049
$76,044
Interest Repayments
$112,860
$112,860
Net Cashflow Before Tax
-$59,811
-$36,816
Depreciation
-
-
Tax Offset
-$17,943
-$11,045
Net Cashflow After Tax
-$41,868
-$25,771
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$1,710,000
$1,710,000
$212,400
$1,765,242
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 10.0%
Retail Trade - 10.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 56.0%
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
