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$1.1M
$181,505
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Try Picki for FREEConfidence
High
High
$1,350,000
Medium
$1,225,000
Low
$1,100,000
Confidence
Medium
Discover a spacious, four-bedroom brick and tile home in the sought-after dress circle heights of Umina Beach. Marvel at ocean glimpses, cooling breezes, and breathtaking bush and valley vistas. Enjoy a large, light-filled living area that opens up to a covered balcony, perfect for entertaining. The home features a modern kitchen with electric appliances and dishwasher, generously sized bedrooms with built-in robes, and an impressive master suite with ensuite. Additional amenities include a spa bath, ground-floor rumpus with bar, and a large double garage. Approximately five minutes from the vibrant Umina shopping precinct and the beach, this home offers a permanent rental estimate of $825 per week.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 9.0%
Construction - 8.0%
Others - 52.0%
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%
81.4%
$1.13M
3.7%
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Try Picki for FREE$20,000
-$28,030
3.2%
Asking Price
$1,225,000
Estimated Purchase Price
$1,205,000
Stamp Duty
$49,330
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$120,500
Reg. Mortgage
$164
LMI Premium
$34,051
Renovation Costs
-
Total Cash/Equity Required
$206,241
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
$1,086
$1,417
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
$31,534
$45,412
Interest Repayments
$71,577
$71,577
Net Cashflow Before Tax
-$40,043
-$26,165
Depreciation
-
-
Tax Offset
-$12,013
-$7,850
Net Cashflow After Tax
-$28,030
-$18,316
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,308,300
$2,365,095
Loan Balance
I.O
$1,084,500
$1,084,500
$223,800
$1,280,595
