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$1.53M
$299,702
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Medium
Nestled on a substantial 1.79-hectare plot, this remarkable property offers an incredible coastal living experience with sweeping ocean views. The three-level main home, renovated with coastal tones, has ample space for relaxation and entertainment. The luxurious main bedroom features a walk-in robe, ensuite, and private balcony with panoramic views. Two additional bedrooms with built-in robes share a beautifully updated bathroom. Adding to the charm, there’s a separate studio apartment with a fireplace, kitchen, and stunning hinterland views. A self-contained granny flat provides extra versatility. For car lovers, a large garage/workshop houses six vehicles, perfect for storage or hobbies. Experience coastal tranquility and privacy on this vast property. Built in 1983 on 1.79 hectares, with annual rates of approximately $1,732.
Trusted by over 13k property buyers and counting...
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82.9%
$1.02M
2.2%
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Try Picki for FREE-$195,000
-$50,603
2.2%
Asking Price
$1,625,000
Estimated Purchase Price
$1,745,000
Stamp Duty
$79,030
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$174,500
Reg. Mortgage
$164
LMI Premium
$49,310
Renovation Costs
-
Total Cash/Equity Required
$305,200
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,363
$45,189
Interest Repayments
$103,653
$103,653
Net Cashflow Before Tax
-$72,290
-$58,464
Depreciation
-
-
Tax Offset
-$21,687
-$17,539
Net Cashflow After Tax
-$50,603
-$40,925
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,570,500
$1,570,500
$84,900
$1,422,069
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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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Trusted by over 13,000 property buyers and counting...
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
