Withheld
$182,359
Confidence
High
High
$1,200,000
Medium
$1,100,000
Low
$900,000
Confidence
Medium
"Located in a fantastic local street, this property offers the perfect combination of modern style, convenience, and lowmaintenance coastal living. This beautifully presented home is just a short walk from the vibrant Nelson Bay Marina, local cafs, shops, and pristine beaches, allowing you to enjoy the best of what this seaside town has to offer. The homes openplan design provides a seamless flow between living spaces, making it ideal for both relaxed family living and entertaining. The lightfilled living and dining areas open onto a private outdoor alfresco space, perfect for hosting gatherings or enjoying a peaceful retreat. At the heart of the home is a spacious kitchen equipped with premium appliances, stone benchtops, and plenty of storage, ensuring functionality and style for every occasion. The spacious master bedroom features built in wardrobe and a ensuite, while the additional bedrooms are generously sized with builtin wardrobes, serviced by the main bathroom. The outdoor area has been designed for low maintenance, allowing you more time to enjoy the coastal lifestyle. With a secure single garage with internal access, split system air conditioning, and ample storage throughout, this home offers the ultimate in comfort and convenience. Perfect for families, downsizers, or those seeking a holiday retreat, this allrounder is an exceptional opportunity to experience modern coastal living in the heart of Nelson Bay. Dont miss outcontact us today to arrange a private inspection."
-
72.1%
-
-
$1,075,000
+
135.2%
107.1%
317.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$25,000
Estimated Purchase Price
$25,000
Stamp Duty
$335
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$2,500
Reg. Mortgage
$164
LMI Premium
$386
Renovation Costs
-
Total Cash/Equity Required
$5,581
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,040
$1,357
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
$26,780
$38,640
Interest Repayments
$1,485
$1,485
Net Cashflow Before Tax
$25,295
$37,155
Depreciation
-
-
Tax Offset
$7,589
$11,147
Net Cashflow After Tax
$17,707
$26,009
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$22,500
$22,500
$1,152,300
$2,101,259
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price