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$850K
$156,746
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,350,000
Medium
$1,225,000
Low
$1,100,000
Confidence
Medium
Discover a charming two-bedroom miners cottage in Stockton, just 200 meters from the beach. Embrace coastal living with modern touches in this light-filled home, perfect for first-time buyers, downsizers, or investors. The property features a renovated kitchen, a flexible sunroom, and a spacious backyard for relaxation. Enjoy proximity to local cafes and shops, with easy access to Newcastle by ferry or car. Experience the blend of history and convenience in this unique retreat.
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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 - 19.0%
Education and Training - 9.0%
Accommodation and Food Services - 8.0%
Retail Trade - 8.0%
Others - 56.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
Below are some similar properties in the area you may be interested in.
0%
85.2%
$1.06M
148.8%
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-$35,824
2.3%
Asking Price
-
Estimated Purchase Price
$1,225,000
Stamp Duty
$50,430
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$122,500
Reg. Mortgage
$164
LMI Premium
$34,616
Renovation Costs
-
Total Cash/Equity Required
$209,906
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,433
$1,870
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
$21,588
$31,296
Interest Repayments
$72,765
$72,765
Net Cashflow Before Tax
-$51,177
-$41,469
Depreciation
-
-
Tax Offset
-$15,353
-$12,441
Net Cashflow After Tax
-$35,824
-$29,028
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,308,300
$2,365,095
Loan Balance
I.O
$1,102,500
$1,102,500
$205,800
$1,262,595
