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Withheld
$224,566
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,450,000
Medium
$1,325,000
Low
$1,200,000
Confidence
Medium
This newly renovated, four-bedroom property brings an incredible lifestyle opportunity with first-class finishes in a sought-after, family-friendly neighborhood. The home is designed for flexible living with two functional areas on both levels, complemented by stunning coastal blackbutt flooring, modern lighting, and efficient air conditioning. Outdoors, enjoy a peaceful backyard with manicured lawns and gardens to offer a private oasis. It's conveniently located just five minutes from the Salamander Bay Shopping Centre and a short walk to local beaches, parks, and schools. Economic efficiency is enhanced with installed solar panels and a battery system.
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89.1%
$1.01M
3.6%
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Try Picki for FREE$20,000
-$28,796
3.4%
Asking Price
-
Estimated Purchase Price
$1,305,000
Stamp Duty
$54,830
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$130,500
Reg. Mortgage
$164
LMI Premium
$36,877
Renovation Costs
-
Total Cash/Equity Required
$224,566
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$36,380
$52,303
Interest Repayments
$77,517
$77,517
Net Cashflow Before Tax
-$41,137
-$25,214
Depreciation
-
-
Tax Offset
-$12,341
-$7,564
Net Cashflow After Tax
-$28,796
-$17,650
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,415,100
$2,558,164
Loan Balance
I.O
$1,174,500
$1,174,500
$240,600
$1,383,664
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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
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
