$1000K
$167,845
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Try Picki for FREEConfidence
High
High
$1,080,000
Medium
$1,000,000
Low
$920,000
Confidence
Medium
This spacious, split-level family home is set on a generous 1,316 m2 block in a serene cul-de-sac, overlooking a nature reserve. It offers versatile living options, ideal for large families or those working from home. The property features multiple living zones, a well-appointed kitchen with new Bosch appliances, and hardwood floors throughout. The outdoor space is abundant, with a covered alfresco area and a large garden. Located close to Toormina Gardens Shopping Centre and a short drive from Sawtell, it provides easy access to shopping, schools, and beaches.
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84.5%
$800K
3.7%
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-$19,626
3.9%
Asking Price
$1,000,000
Estimated Purchase Price
$1,000,000
Stamp Duty
$39,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$100,000
Reg. Mortgage
$164
LMI Premium
$25,750
Renovation Costs
-
Total Cash/Equity Required
$167,845
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
$59,400
$59,400
Net Cashflow Before Tax
-$28,037
-$14,211
Depreciation
-
-
Tax Offset
-$8,411
-$4,263
Net Cashflow After Tax
-$19,626
-$9,948
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$900,000
$900,000
$168,000
$1,030,690
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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...
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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