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$975K
$184,066
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$960,000
Low
$930,000
Confidence
Medium
The property at 10 Gresham Drive offers a serene and luxurious lifestyle on a sprawling 34-acre block, perfect for those seeking tranquility amidst natural beauty. This charming four-bedroom, two-bathroom home boasts an open-plan living design with a modern kitchen at its center. A standout feature is the generous covered deck, ideal for year-round entertainment and relaxation. With a large shed and expansive grounds ready for customization, this home combines countryside charm with the convenience of nearby amenities and coastal living in the sought-after Country Club Estate.
Trusted by over 13k property buyers and counting...
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86.5%
$799K
230.1%
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Try Picki for FREE$105,000
-$13,597
4.6%
Asking Price
$975,000
Estimated Purchase Price
$855,000
Stamp Duty
$33,210
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$85,500
Reg. Mortgage
$164
LMI Premium
$22,017
Renovation Costs
-
Total Cash/Equity Required
$143,086
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
$50,787
$50,787
Net Cashflow Before Tax
-$19,424
-$5,598
Depreciation
-
-
Tax Offset
-$5,827
-$1,680
Net Cashflow After Tax
-$13,597
-$3,919
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,025,280
$1,853,462
Loan Balance
I.O
$769,500
$769,500
$255,780
$1,083,962
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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
