Withheld
$2,030
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$730,000
Medium
$680,000
Low
$630,000
Confidence
Medium
Discover an unparalleled opportunity to own a 581m2 land parcel with breathtaking lake views both north and south on the Morisset Peninsula. Ideal for slab construction, the property boasts a 12.8-meter frontage on Cessnock Rd and stands ready to host many project-style homes. The site promises even more expansive views if you opt for a two-story build. The current owner will remove the existing structure, offering a unique chance to secure your future home space. Located in Sunshine, a quiet and scenic lakeside suburb just a 55-minute drive from Hornsby, this site is steps away from local reserves complete with a jetty and swimming baths. Rare vacant land on the peninsula makes this a not-to-be-missed opportunity.
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Try Picki for FREELocation, 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 - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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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.
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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Trusted by over 13,000 property buyers and counting...
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
Below are some similar properties in the area you may be interested in.
0%
80%
$763K
3.4%
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Try Picki for FREE$5,000
-$16,278
3.5%
Asking Price
$700,000
Estimated Purchase Price
$675,000
Stamp Duty
$25,110
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$67,500
Reg. Mortgage
$164
LMI Premium
$17,381
Renovation Costs
-
Total Cash/Equity Required
$112,351
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,381
$1,802
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
$16,840
$24,533
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$23,255
-$15,562
Depreciation
-
-
Tax Offset
-$6,976
-$4,669
Net Cashflow After Tax
-$16,278
-$10,893
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$607,500
$607,500
$118,740
$705,369