$625K
$103,814
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Try Picki for FREEConfidence
High
High
$660,000
Medium
$620,000
Low
$580,000
Confidence
Medium
A newly renovated townhouse awaits you in a prime location, just minutes from shops, cafes, and stunning beaches. This coastal home features an open-plan living room, a ground-level bedroom with a built-in robe, and a bathroom leading into a private courtyard. Upstairs, enjoy the dining and sitting room boasting high ceilings, a well-appointed kitchen, two additional spacious bedrooms, and bathroom. Relax on the private balcony overlooking ocean breezes. The property also includes a single remote garage, storage, and NBN connection. Move in and relish the proximity to Sawtell's amenities, schools, the airport, and more with forecasted rental income between $570 and $595 per week.
Trusted by over 13k property buyers and counting...
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33.6%
$490K
4.5%
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Try Picki for FREE-$5,000
-$10,081
4.7%
Asking Price
$625,000
Estimated Purchase Price
$625,000
Stamp Duty
$22,860
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$62,500
Reg. Mortgage
$164
LMI Premium
$16,094
Renovation Costs
-
Total Cash/Equity Required
$103,814
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,640
$42,187
Property Management
+7.7% PA
$2,282
$3,248
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
$22,724
$32,892
Interest Repayments
$37,125
$37,125
Net Cashflow Before Tax
-$14,401
-$4,233
Depreciation
-
-
Tax Offset
-$4,320
-$1,270
Net Cashflow After Tax
-$10,081
-$2,963
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$562,500
$562,500
$99,660
$634,528
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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...
Try Picki for FREEAverage Population
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