Withheld
$29,186
Confidence
High
High
$1,580,000
Medium
$1,460,000
Low
$1,350,000
Confidence
Medium
"Welcome to 64 Geraldton Drive, Redhead, where the quintessential Aussie lifestyle meets thoughtful design. This meticulously maintained home offers stunning ocean views and familyfriendly spaces, perfect for young families, professionals, or retirees. Enjoy the expansive living area, dedicated dining space, and gourmet kitchen, ideal for creating treasured family moments. The master suite features a luxurious ensuite and walkin robe, while the additional bedrooms provide privacy and comfort. Outside, the covered alfresco area is perfect for relaxed gatherings or quiet mornings. The double garage and workshop offer ample space for hobbies and storage. Located near excellent schools and beautiful beaches, 64 Geraldton Drive isnt just a home, its a lifestyle. Join us for a viewing and take the first step toward making this dream your reality. Register for the auction today You deserve it Approximate Rates Council 2,605 pa Water 1,568 pa"
-
93.1%
$1.77M
2.6%
-$55,000
-$36,087
3.1%
2.5%
-13.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,460,000
Estimated Purchase Price
$1,515,000
Stamp Duty
$66,380
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$151,500
Reg. Mortgage
$164
LMI Premium
$42,811
Renovation Costs
-
Total Cash/Equity Required
$263,050
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
$89,991
$89,991
Net Cashflow Before Tax
-$51,553
-$34,717
Depreciation
-
-
Tax Offset
-$15,466
-$10,415
Net Cashflow After Tax
-$36,087
-$24,302
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,559,280
$2,818,807
Loan Balance
I.O
$1,363,500
$1,363,500
$195,780
$1,455,307
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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