$850K
$134,549
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
Welcome to your dream home in Sandy Beach. This property stands on a spacious 955 m2 block, with a design that caters to today's lifestyle demands. You'll find four bedrooms and two bathrooms, along with two large living areas perfect for family life and entertaining. The wrap-around deck enhances the seamless indoor-outdoor experience. The garden is a peaceful retreat with multiple seating areas and practical additions like a large double garage and garden shed. A gate opens to a reserve, offering extra space for kids and pets. Local amenities, including schools and recreational areas, are just a short walk away.
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68.6%
$690K
4.4%
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Try Picki for FREE$20,000
-$11,518
4.8%
Asking Price
$850,000
Estimated Purchase Price
$805,000
Stamp Duty
$30,960
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$80,500
Reg. Mortgage
$164
LMI Premium
$20,729
Renovation Costs
-
Total Cash/Equity Required
$134,549
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,363
$45,189
Interest Repayments
$47,817
$47,817
Net Cashflow Before Tax
-$16,454
-$2,628
Depreciation
-
-
Tax Offset
-$4,936
-$789
Net Cashflow After Tax
-$11,518
-$1,840
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$724,500
$724,500
$156,600
$868,319
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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
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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