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$580K
$81,226
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$660,000
Medium
$600,000
Low
$540,000
Confidence
Not applicable
Located near Lake Macquarie's stunning foreshore, this 828sqm plot is ideal for building your dream lakeside home. Enjoy a tranquil lifestyle with access to pristine waters for swimming, kayaking, and sailing. Conveniently, Rathmines Shopping Centre and Toronto’s CBD are nearby, offering shopping and dining options. With easy road access and a peaceful setting, this cleared land provides an excellent foundation for creating a substantial home that can include a garage, alfresco area, and pool. The property promises not just a home but a harmonious blend of lifestyle and location.
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80.6%
$790K
3.4%
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Try Picki for FREE$75,000
-$25,160
-
Asking Price
$600,000
Estimated Purchase Price
$525,000
Stamp Duty
$18,360
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$52,500
Reg. Mortgage
$164
LMI Premium
$10,481
Renovation Costs
-
Total Cash/Equity Required
$83,701
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,758
-$6,208
Interest Repayments
$31,185
$31,185
Net Cashflow Before Tax
-$35,943
-$37,393
Depreciation
-
-
Tax Offset
-$10,783
-$11,218
Net Cashflow After Tax
-$25,160
-$26,175
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Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$472,500
$472,500
$168,300
$685,914
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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
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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
