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$949K
$159,308
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Try Picki for FREEConfidence
Medium
High
$1,015,000
Medium
$975,000
Low
$935,000
Confidence
High
Delight in this charming Sawtell cottage, located in a coveted spot that promises a perfect mix of comfort and convenience. The home offers practicality with modern updates, making it an ideal pick for downsizers or investors. It's set to catch sunlight and ocean breezes all year, with low-maintenance living in a level area that's easy to navigate. Featuring new carpets and vinyl plank flooring throughout, the ample bedrooms come with built-in cupboards. Comfort is heightened with air conditioning and ceiling fans. The kitchen is spacious, filled with natural light and ample storage. A single car garage with internal access adds ease, along with extra storage. Just 400m to shops and cafes, 500m to the beach, and near schools, it's perfect for those seeking a tranquil neighborhood. Investors can expect a rental return of $500-$550 per week.
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0%
69%
$1.18M
2.6%
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Try Picki for FREE-$20,000
-$22,778
3.4%
Asking Price
$995,000
Estimated Purchase Price
$995,000
Stamp Duty
$39,510
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$99,500
Reg. Mortgage
$164
LMI Premium
$25,622
Renovation Costs
-
Total Cash/Equity Required
$166,991
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,563
$38,357
Interest Repayments
$59,103
$59,103
Net Cashflow Before Tax
-$32,540
-$20,746
Depreciation
-
-
Tax Offset
-$9,762
-$6,224
Net Cashflow After Tax
-$22,778
-$14,522
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,041,300
$1,882,423
Loan Balance
I.O
$895,500
$895,500
$145,800
$986,923
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 - 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...
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projected
for 2025 to 2027
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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
