$830K
$137,110
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$830,000
Low
$770,000
Confidence
Medium
Discover an updated duplex that epitomizes comfort and modernity set in a serene, leafy environment. This spacious home features a master suite with a renovated bathroom, and seamlessly connects to a stylish kitchen and light-filled living areas. High ceilings enhance the open space, leading to a deck with views of the lush reserve. The lower level is ideal for guests or children with two bedrooms, a second living area, full bathroom, and another inviting deck. The low-maintenance yard and reserve access make it perfect for families seeking tranquility near Nelson Bay's attractions.
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94%
$932K
3.6%
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Try Picki for FREE$5,000
-$15,557
4.1%
Asking Price
$830,000
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
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,780
$38,640
Interest Repayments
$49,005
$49,005
Net Cashflow Before Tax
-$22,225
-$10,365
Depreciation
-
-
Tax Offset
-$6,667
-$3,109
Net Cashflow After Tax
-$15,557
-$7,255
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$886,440
$1,602,473
Loan Balance
I.O
$742,500
$742,500
$143,940
$859,973
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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
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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