Withheld
$375,754
Confidence
High
High
$2,300,000
Medium
$2,160,000
Low
$1,700,000
Confidence
Moderate
"Freshly updated with crisp dcor and polished floorboards throughout, this threebedroom home is the perfect moveinready option in a soughtafter seaside suburb. With a prized north facing backyard and rear access via Liles Lane into a double garage, its a setup thats hard to beat. The floorplan is both practical and inviting, featuring a bright, open plan living area and a gasequipped kitchen as you step inside. The bedrooms, bathroom, and rear sunroom are tucked away for that extra touch of privacy. You can settle in straight away and enjoy everything this home offers, or down the line, you might consider modern updatesor even an upperlevel extension like your neighboursto add more space and elevate your lifestyle STCA. Whether youre into swimming, surfing, or simply soaking up the beachside vibe, Redhead Beach is little more than a kilometre away for all your coastal adventures. If you fancy a postswim coffee, you can pop into Roasted Redhead or The Villa caf on your way back. And when youre in the mood for more outdoor fun, the nearby Fernleigh Track, Belmont Wetlands, and the new pump track provide endless options for adventure. Single level home on low maintenance 461.6sqm block with prized north facing backyard Double garage accessed via Liles Lane Airconditioned open plan living with polished timber floors throughout Shiny red kitchen, gas cooktop, under bench oven, dishwasher All three bedrooms are fitted with mirrored robes, two with ceiling fans Tidy original bathroom with bath, shower and separate wc Rear sunroom and covered deck overlooks low maintenance yard Redhead Public School 650m, Whitebridge High 5.9km Whitebridge shops 4.8km, Charlestown Sq. 7.3km, Newcastle Interchange 15.4km"
-
84%
$1.57M
2.5%
$30,000
-$63,002
2.1%
1.7%
-16.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$2,130,000
Stamp Duty
$100,205
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$213,000
Reg. Mortgage
$164
LMI Premium
$60,189
Renovation Costs
-
Total Cash/Equity Required
$375,754
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,720
$63,651
Property Management
+7.7% PA
$3,443
$4,901
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
$36,519
$52,541
Interest Repayments
$126,522
$126,522
Net Cashflow Before Tax
-$90,003
-$73,981
Depreciation
-
-
Tax Offset
-$27,001
-$22,194
Net Cashflow After Tax
-$63,002
-$51,786
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,306,880
$4,170,290
Loan Balance
I.O
$1,917,000
$1,917,000
$389,880
$2,253,290
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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