$1.1M
$207,157
Confidence
High
High
$1,500,000
Medium
$1,420,000
Low
$1,350,000
Confidence
High
"Located in a tranquil setting whilst within close proximity to Nelson Bay CBD and local pristine beaches, this substantial home offers the epitome of beachside living and urban convenience Welcome to 19 Yoolarai Crescent, Nelson Bay. Elevated amongst the luscious leafy facade you will be immediately impressed by the sun filled balcony and spacious granny flat with undercover outdoor entertaining areas. This beautifully elevated property, nestled in a serene neighbourhood offers multiple living zones, generous proportions, three bedrooms and two bathrooms as well as the addition of a spacious granny flat. Property Features Include Three spacious bedrooms equipped with builtin robes Main bathroom with separate toilet Open plan lounge, kitchen dining Modern kitchen with island bench plenty of storage Spacious second living area Sun drenched front balcony Ceiling fans and ducted aircon throughout Generous granny flat including kitchenette, dining enclosed outdoor area Fully fenced yard with garden shed Single garage with ample storage Multiple carspace opportunties Approx. 625m2 block Approx. 860m to Nelson Bay CBD Approx. 710m to Dutchmans Beach Approx. 1.1km to Bagnalls Beach Backing onto a recreational reserve and surrounded by a family friendly neighbourhood that so few are lucky enough to call home, this is now your chance of creating the family lifestyle youve always dreamt of. The Aspect Selling Team look forward to helping you on your property journey. Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
67.1%
-
-
$20,000
-$31,066
3.3%
2.8%
-12.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,400,000
Stamp Duty
$60,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$140,000
Reg. Mortgage
$164
LMI Premium
$39,561
Renovation Costs
-
Total Cash/Equity Required
$241,976
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
Rates
+3.0% PA
$1,040
$1,357
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
$38,779
$55,719
Interest Repayments
$83,160
$83,160
Net Cashflow Before Tax
-$44,381
-$27,441
Depreciation
-
-
Tax Offset
-$13,314
-$8,232
Net Cashflow After Tax
-$31,066
-$19,209
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,516,560
$2,741,580
Loan Balance
I.O
$1,260,000
$1,260,000
$256,560
$1,481,580
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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