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$429K
$77,102
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High
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Medium
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Low
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Confidence
Discover the hidden charm of 8 Albert Street, South Kempsey. This spacious 4-bedroom, 2-bathroom brick home offers modern living for families. Situated on a 663.9 sqm block, it features a contemporary kitchen, generous living areas, and abundant storage. The property includes air conditioning, a garden shed, and a fully fenced yard. Enjoy the private outdoor alfresco courtyard, perfect for gatherings. Conveniently located near schools, shops, and parks, with easy access to the freeway. It’s a short walk to West Kempsey CBD and close to cities like Port Macquarie and Coffs Harbour.
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59.3%
$355K
7%
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Try Picki for FREE-$55,000
-$6,703
5.3%
Asking Price
$449,000
Estimated Purchase Price
$505,000
Stamp Duty
$17,460
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$50,500
Reg. Mortgage
$164
LMI Premium
$10,082
Renovation Costs
-
Total Cash/Equity Required
$80,401
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,160
$1,514
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
$20,421
$29,603
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$9,576
-$394
Depreciation
-
-
Tax Offset
-$2,873
-$118
Net Cashflow After Tax
-$6,703
-$276
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$454,500
$454,500
$26,100
$414,310
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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
