Withheld
$205,324
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Try Picki for FREEConfidence
High
High
$1,350,000
Medium
$1,249,000
Low
$1,150,000
Confidence
Medium
Discover a pristinely presented, low-maintenance family abode that offers versatility with 4 bedrooms or 3 bedrooms plus an office. The adaptable floor plan includes an open kitchen, family lounge, and dining room, along with a separate formal lounge and dining room. The main bedroom features an ensuite, spa bath, and walk-in robe, while all bedrooms have built-in wardrobes. A generous undercover entertainment area and inviting inground pool enhance recreational options. The home boasts multiple reverse cycle air-conditioning units, ceiling fans, solar electricity, a dishwasher, a gas cooktop, and ample storage throughout. With a double lock-up garage, carport, and off-road parking suitable for a van or boat, this property is ideal for active families. Located on a manageable 731m2 block, it offers proximity to the boat ramp, Wyee Primary School, Wyee Shopping Village, and Wyee Train Station. The approximate rental potential is $850 to $870 per week. Floor plans are available upon request.
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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...
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projected
for 2024 to 2026
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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
0%
74.5%
$990K
4.5%
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-$36,827
2.3%
Asking Price
$1,249,000
Estimated Purchase Price
$1,250,000
Stamp Duty
$51,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$125,000
Reg. Mortgage
$164
LMI Premium
$35,322
Renovation Costs
-
Total Cash/Equity Required
$214,487
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,640
$31,364
Interest Repayments
$74,250
$74,250
Net Cashflow Before Tax
-$52,610
-$42,886
Depreciation
-
-
Tax Offset
-$15,783
-$12,866
Net Cashflow After Tax
-$36,827
-$30,020
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,125,000
$1,125,000
$210,000
$1,288,362