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$1.9M
$368,424
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,320,000
Medium
$1,200,000
Low
$1,080,000
Confidence
Medium
Charming single-level brick home located in Stockton Village on a 1019sqm double block. Offers a unique coastal lifestyle opportunity. Features include 4 bedrooms, master with ensuite, and 2 living areas. Neat kitchen flows into open-plan living and dining with access to an alfresco area. Multiple garage spaces for various vehicles, and future development potential. Close to ocean, dining options, and transport to Newcastle CBD. An ideal prospect for renovation or building your dream home.
Trusted by over 13k property buyers and counting...
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79.7%
$1.45M
2.5%
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Try Picki for FREE$20,000
-$23,874
3.8%
Asking Price
-
Estimated Purchase Price
$1,180,000
Stamp Duty
$47,955
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$118,000
Reg. Mortgage
$164
LMI Premium
$33,344
Renovation Costs
-
Total Cash/Equity Required
$201,659
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$35,987
$51,790
Interest Repayments
$70,092
$70,092
Net Cashflow Before Tax
-$34,105
-$18,302
Depreciation
-
-
Tax Offset
-$10,232
-$5,491
Net Cashflow After Tax
-$23,874
-$12,811
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,062,000
$1,062,000
$219,600
$1,254,828
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 - 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
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