$1.55M
$284,125
Confidence
High
High
$1,980,000
Medium
$1,850,000
Low
$1,720,000
Confidence
High
"Longing for that effortless coastal lifestyle where you can walk to the beach, surf or swim whenever you feel like it Beachside locations dont come much better than this Only 750m from sand and surf, this absolutely gorgeous home creates a fabulous beachside retreat, elevated by sophisticated design, modern appointments and luxury finishes. Spanning two spacious, beautifully lit levels, the home reveals an abundance of space for the modern family, while keeping things impressively effortless in terms of upkeep. Two separate living areas sweep through the lower level, central to a stunning kitchen and flowing out seamlessly onto a marvellous entertainers alfresco and sparkling inground pool. Upstairs, four generous bedrooms create further versatility, while two luxe bathrooms are designed to impress. With very little yard work to keep on top of, the package is completed by a drivethrough double garage with handy storeroom. Immaculate splitlevel home on easycare parcel in fantastic coastal setting Polished interior accentuated by refined neutrals, quality flooring, modern fittings and a sophisticated sense of design Separate living room and family dining is ideal for family living, connecting seamlessly outdoors Gorgeous kitchen adds contemporary splash of colour to elegant design, boasting stone benches, stainlesssteel appliances, breakfast bar dining and walkin pantry Wonderful alfresco great for entertaining and everyday family living, complemented by outdoor fireplace, TV point and delightful pool framed by glass balustrade and low maintenance landscaping Plush carpet through four upperlevel bedrooms, two with walkin robes, two with builtin robes Refined design through both bathrooms, with walkin shower to upper level and oversized spa bath and concertina windows to lower level Splitsystem AC in living room, assisted by modern metal ceiling fans throughout Internal laundry, double garage with storage and single roller door to rear Steps from Redhead Public School, local shops and cafes Only 750m to the beach, waterside walkways, leafy parkland and a great kids playground"
-
77.3%
$1.38M
2.5%
-
-$50,016
2.5%
2.1%
-15.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,850,000
Stamp Duty
$84,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$185,000
Reg. Mortgage
$164
LMI Premium
$52,277
Renovation Costs
-
Total Cash/Equity Required
$324,442
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
$1,381
$1,802
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
$38,438
$55,274
Interest Repayments
$109,890
$109,890
Net Cashflow Before Tax
-$71,452
-$54,616
Depreciation
-
-
Tax Offset
-$21,435
-$16,385
Net Cashflow After Tax
-$50,016
-$38,231
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,975,800
$3,571,776
Loan Balance
I.O
$1,665,000
$1,665,000
$310,800
$1,906,776
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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