$750K
$116,620
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Try Picki for FREEConfidence
Medium
High
$760,000
Medium
$720,000
Low
$680,000
Confidence
Not Applicable
This delightful brick, clad, and tile home provides a refreshing afternoon sea breeze and a lush, leafy view. Located strategically, it's just a short walk to Warrell Creek Sports Oval, Club Scotts, and the beach. The street level offers vinyl plank floors, an air-conditioned lounge, and a sunny, north-facing kitchen. It has three bedrooms with built-in robes, with the main bedroom conveniently connecting to the three-way bathroom. A downstairs laundry with an extra shower and toilet is perfect for beachgoers. The property includes a tiled storage room and a subfloor storage area under the house, abundant off-street parking at the rear, and a 621 sqm block with established gardens. It's currently leased at $500 per week, offering flexibility to retain the tenant or opt for vacant possession.
Trusted by over 13k property buyers and counting...
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83.5%
$898K
3.2%
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Try Picki for FREE$15,000
-$32,410
-
Asking Price
$750,000
Estimated Purchase Price
$705,000
Stamp Duty
$26,460
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$70,500
Reg. Mortgage
$164
LMI Premium
$18,154
Renovation Costs
-
Total Cash/Equity Required
$117,474
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,046
$1,365
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
-$4,423
-$5,771
Interest Repayments
$41,877
$41,877
Net Cashflow Before Tax
-$46,300
-$47,648
Depreciation
-
-
Tax Offset
-$13,890
-$14,294
Net Cashflow After Tax
-$32,410
-$33,354
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$634,500
$634,500
$134,460
$755,597
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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