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$1.9M
$290,539
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,000,000
Medium
$1,850,000
Low
$1,700,000
Confidence
Medium
25 Ocean Street in Woolgoolga offers a spacious, well-designed brick home with significant development potential. Situated near the town's main beach and Back Beach, this property promises a vibrant coastal lifestyle. With nearby cafes, shops, and schools, everyday living is convenient and enjoyable. The home boasts three sunlit bedrooms and a flexible lower-level space. Its 672m R3 zoned block suggests the potential for developing up to three townhouses, pending council approval, appealing to both families and investors. With NBN connectivity and positioned in a sought-after street, this is a prime opportunity for long-term growth.
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58.1%
$1.74M
1.9%
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Try Picki for FREE$45,000
-$53,098
2.2%
Asking Price
$1,900,000
Estimated Purchase Price
$1,805,000
Stamp Duty
$82,330
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$180,500
Reg. Mortgage
$164
LMI Premium
$51,005
Renovation Costs
-
Total Cash/Equity Required
$316,195
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
$107,217
$107,217
Net Cashflow Before Tax
-$75,854
-$62,028
Depreciation
-
-
Tax Offset
-$22,756
-$18,609
Net Cashflow After Tax
-$53,098
-$43,420
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,975,800
$3,571,776
Loan Balance
I.O
$1,624,500
$1,624,500
$351,300
$1,947,276
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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 - 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
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
