$1.85M
$324,442
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Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
This newly constructed, modern home, set on a 403m2 block by Balance Construction, offers a low-maintenance lifestyle close to Sawtell's vibrant village and pristine beaches. The design boasts high-quality craftsmanship, featuring an attractive kitchen with stone benches, gas cooking, and a butler's pantry. The master bedroom is conveniently located on the ground floor with an ensuite, while three more bedrooms upstairs provide ample space for family and guests. The home includes a ducted air conditioning system, 10kW solar power, and ceiling fans for year-round comfort. Outdoors, a covered alfresco area and potential for an in-ground pool enhance the property's appeal. Located just minutes from local amenities and transport, this home is perfect for those seeking a modern coastal lifestyle.
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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...
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
0%
69%
$1.18M
2.6%
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Try Picki for FREE-$100,000
-$54,969
2.1%
Asking Price
$1,850,000
Estimated Purchase Price
$1,850,000
Stamp Duty
$84,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$185,000
Reg. Mortgage
$164
LMI Premium
$52,277
Renovation Costs
-
Total Cash/Equity Required
$324,442
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
$109,890
$109,890
Net Cashflow Before Tax
-$78,527
-$64,701
Depreciation
-
-
Tax Offset
-$23,558
-$19,410
Net Cashflow After Tax
-$54,969
-$45,291
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,665,000
$1,665,000
$204,000
$1,713,707