$759K
$110,644
Confidence
High
High
$840,000
Medium
$780,000
Low
$720,000
Confidence
Medium
"Nestled in a serene culdesac, this stunning 3bedroom oversized duplex offers a perfect retreat with breathtaking mountain views. With its modern features and tranquil setting, this home is ideal for families and professionals seeking a peaceful lifestyle. The kitchen is a chefs delight, featuring gas cooking, topoftheline appliances, and ample storage space that make cooking and entertaining a true pleasure. The expansive living room, equipped with air conditioning and ceiling fans, ensures yearround comfort and offers generous space for relaxation and gatherings. The master bedroom serves as a private sanctuary, complete with an ensuite bathroom that adds a touch of luxury and convenience. The main bathroom boasts a spa bath, perfect for unwinding after a long day. Ceiling fans throughout the home ensure a cool and comfortable atmosphere in every room. Upstairs, youll find versatile media and office rooms, providing ideal spaces for work, study, or entertainment. The covered alfresco area, equipped with a builtin kitchen, is perfect for outdoor dining and entertaining, allowing you to enjoy the beauty of your surroundings in comfort. Featuring 3 bedrooms, all with ceiling fans Master bedroom with ensuite Updated kitchen Spacious living area with AC Covered alfresco with builtin kitchen Mountain views Parking is a breeze with the double garage and a dedicated pad for your caravan. The flat, easytomaintain yard offers a safe and spacious area for children and pets to play, giving you more time to enjoy the things you love. Enjoy the added convenience of being just a 2minute drive from Marmong Picnic Area and Awaba Bay, where you can relish the beauty of Lake Macquarie. Cockle Bay is only a 5minute drive away, while Speers Point Park is just an 8minute drive from your doorstep. This exceptional duplex combines modern amenities with the tranquility of nature, offering the perfect blend of luxury and serenity. For more information and to book your inspection, please contact Lachlan Green at McFarlane Real Estate on 02 4954 0399. From all of us at McFarlane Real Estate, we wish you every success in your search for your new property. If you would like more details on this property or to chat about one of the many other properties, we have available please call or email us today."
4%
74.2%
$720K
4.6%
$10,000
-$17,877
3.5%
2.6%
-13.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$770,000
Stamp Duty
$29,385
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$77,000
Reg. Mortgage
$164
LMI Premium
$19,828
Renovation Costs
-
Total Cash/Equity Required
$128,573
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,381
$1,802
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
$20,200
$29,315
Interest Repayments
$45,738
$45,738
Net Cashflow Before Tax
-$25,538
-$16,423
Depreciation
-
-
Tax Offset
-$7,661
-$4,927
Net Cashflow After Tax
-$17,877
-$11,496
Assumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$693,000
$693,000
$140,040
$812,938
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price