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$870K
$136,256
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Try Picki for FREEConfidence
Medium
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
This charming 3-bedroom, 2-bathroom residence on a 650m² corner block embodies modern coastal living and convenience. Located near Warrell Creek and close to local schools, shops, and recreation, the freshly painted home in Scotts Head offers market potential. Cool slate floors, high ceilings, and a split-level design create inviting spaces, with a cosy combustion heater enhancing warmth. The well-equipped kitchen connects to dining, while the master bedroom boasts an ensuite. Two alfresco areas and a tiered backyard present charm and customization potential. Currently leased at $550/week, it's a great opportunity for lifestyle or investment.
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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
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83.5%
$898K
3.2%
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Try Picki for FREE-$15,000
-$19,545
3.4%
Asking Price
$895,000
Estimated Purchase Price
$840,000
Stamp Duty
$32,535
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$84,000
Reg. Mortgage
$164
LMI Premium
$21,630
Renovation Costs
-
Total Cash/Equity Required
$140,525
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,975
$31,801
Interest Repayments
$49,896
$49,896
Net Cashflow Before Tax
-$27,921
-$18,095
Depreciation
-
-
Tax Offset
-$8,376
-$5,428
Net Cashflow After Tax
-$19,545
-$12,666
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$756,000
$756,000
$125,100
$836,819
