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$1.18M
$222,734
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,200,000
Medium
$1,125,000
Low
$1,050,000
Confidence
High
Discover coastal living in this modern, spacious 4-bedroom home just 400 meters from the beach, offering scenic hinterland and headland views. Built in 2011 with family needs in mind, the property features expansive bedrooms, open plan living spaces, and a manageable green backyard. Enjoy the elegant kitchen with stone benchtops, high ceilings, and ducted air conditioning. The inviting verandah provides a focal point for entertaining, and additional versatile space includes a rumpus room, perfect as a teenager retreat or home office. Energy efficiency is optimized with a solar system comprising 18 panels. Located in a quiet cul-de-sac near top-tier schools and amenities, this home presents a rare opportunity in a highly sought-after area of Kororo.
Trusted by over 13k property buyers and counting...
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72.6%
$1.09M
3.5%
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Try Picki for FREE-$140,000
-$30,645
3.1%
Asking Price
$1,175,000
Estimated Purchase Price
$1,265,000
Stamp Duty
$52,630
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$126,500
Reg. Mortgage
$164
LMI Premium
$35,746
Renovation Costs
-
Total Cash/Equity Required
$217,236
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
$75,141
$75,141
Net Cashflow Before Tax
-$43,778
-$29,952
Depreciation
-
-
Tax Offset
-$13,133
-$8,986
Net Cashflow After Tax
-$30,645
-$20,967
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,201,500
$2,172,026
Loan Balance
I.O
$1,138,500
$1,138,500
$63,000
$1,033,526
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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
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