$800K
$133,695
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Try Picki for FREEConfidence
High
High
$1,110,000
Medium
$1,070,000
Low
$1,030,000
Confidence
Medium
Situated in a quiet cul-de-sac, this charming three-bedroom home in Sapphire Beach offers a lifestyle of convenience and coastal bliss. A short 100-meter stroll leads to the beach, enhancing the allure for retirees, investors, or families. The tri-level design provides space and privacy, with the main living areas and master suite centralized on the middle floor. Additional bedrooms and family bathroom lie upstairs, while a flexible lower level adds potential for customization. The property features a low maintenance yard, making outdoor leisure a breeze. With rates at approximately $3,373 per annum and current rent at $680 per week, this home presents a versatile opportunity in a coveted beachside community.
Trusted by over 13k property buyers and counting...
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79.5%
$1.03M
3.6%
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Try Picki for FREE$45,000
-$24,025
3.3%
Asking Price
-
Estimated Purchase Price
$1,025,000
Stamp Duty
$40,860
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$102,500
Reg. Mortgage
$164
LMI Premium
$26,394
Renovation Costs
-
Total Cash/Equity Required
$172,114
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
$1,257
$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
$26,563
$38,357
Interest Repayments
$60,885
$60,885
Net Cashflow Before Tax
-$34,322
-$22,528
Depreciation
-
-
Tax Offset
-$10,296
-$6,758
Net Cashflow After Tax
-$24,025
-$15,769
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,142,760
$2,065,838
Loan Balance
I.O
$922,500
$922,500
$220,260
$1,143,338
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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...
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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