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$920K
$154,185
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
High
Discover a rare gem at Wyee Point, offering ample space and tranquility for families. This home is positioned in a serene lakeside location surrounded by quality residences. Embrace a lifestyle of peace and leisure, with easy access to the waterfront reserve playground for relaxation and recreation. Sitting on approximately 705sqm, this generously proportioned home features multiple living areas, an open-plan kitchen, a master bedroom with an ensuite and walk-in robe, plus additional bedrooms equipped with built-in robes. A practical study and ample storage are provided for convenience. Located near Lake Macquarie, with quick access to Wyee Train Station, M1 Freeway, quality schools, shopping centers, and world-class beaches just a short drive away. This property promises a spacious and convenient lifestyle ideal for families.
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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
Below are some similar properties in the area you may be interested in.
0%
74.5%
$990K
4.5%
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Try Picki for FREE$55,000
-$32,483
3.0%
Asking Price
-
Estimated Purchase Price
$1,295,000
Stamp Duty
$54,280
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$129,500
Reg. Mortgage
$164
LMI Premium
$36,594
Renovation Costs
-
Total Cash/Equity Required
$222,734
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$38,220
$54,399
Property Management
+7.7% PA
$2,943
$4,189
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
$30,519
$44,002
Interest Repayments
$76,923
$76,923
Net Cashflow Before Tax
-$46,404
-$32,921
Depreciation
-
-
Tax Offset
-$13,921
-$9,876
Net Cashflow After Tax
-$32,483
-$23,045
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,165,500
$1,165,500
$276,300
$1,440,931
