$1.45M
$251,139
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Try Picki for FREEConfidence
Medium
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
High
Discover a rare gem with this beachside property, perfectly positioned opposite a park and beach track, offering a heavenly lifestyle or holiday home opportunity. Built in 1980, it features a new Colorbond roof, modern amenities, and is 70 metres from the beach and 400 metres from Sawtell Village. With a north-facing aspect for ample sunlight, the home features spacious bedrooms, built-in cupboards, ceiling fans, and split system airconditioning. Enjoy striking hardwood floors and low maintenance gardens, plus a fully fenced yard ideal for pets or play.
Trusted by over 13k property buyers and counting...
Try Picki for FREE10.6%
45.6%
$708K
3.7%
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Try Picki for FREE-$100,000
-$48,333
2.2%
Asking Price
$1,650,000
Estimated Purchase Price
$1,650,000
Stamp Duty
$73,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$165,000
Reg. Mortgage
$164
LMI Premium
$46,625
Renovation Costs
-
Total Cash/Equity Required
$287,790
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,963
$41,773
Interest Repayments
$98,010
$98,010
Net Cashflow Before Tax
-$69,047
-$56,237
Depreciation
-
-
Tax Offset
-$20,714
-$16,871
Net Cashflow After Tax
-$48,333
-$39,366
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,485,000
$1,485,000
$170,400
$1,507,569
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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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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