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$1.89M
$366,591
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,220,000
Medium
$1,150,000
Low
$1,080,000
Confidence
Medium
Discover an exceptional riverside property in Red Rock, featuring breathtaking views of the Corindi River and Red Rock Island. This 3-bedroom home showcases luxury and design excellence, with skylit interiors and a lush outdoor living space. Key features include a gourmet kitchen with granite countertops, a spectacular outdoor kitchen, and a heated plunge pool. Timber floors, a combustion fireplace, and vaulted ceilings enhance the living areas. With its solar energy solutions and ample water supply, this home is both stylish and sustainable. Proximity to local beaches and amenities makes it an idyllic coastal retreat.
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68.9%
$1.03M
3.6%
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Try Picki for FREE$15,000
-$31,959
2.5%
Asking Price
-
Estimated Purchase Price
$1,135,000
Stamp Duty
$45,810
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$113,500
Reg. Mortgage
$164
LMI Premium
$32,073
Renovation Costs
-
Total Cash/Equity Required
$193,742
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,257
$1,640
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
$21,764
$31,526
Interest Repayments
$67,419
$67,419
Net Cashflow Before Tax
-$45,655
-$35,893
Depreciation
-
-
Tax Offset
-$13,697
-$10,768
Net Cashflow After Tax
-$31,959
-$25,125
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$1,021,500
$1,021,500
$206,700
$1,198,793
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
