Withheld
$2,030
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
This remarkable property offers a unique residential opportunity at the award-winning Raffertys Resort. Located one hour north of Hornby and close to Newcastle, the property promises resort-style living year-round. Set on 35 acres of waterfront reserve, it features a private boat ramp, multiple pools, tennis courts, and a function venue, with plans for a future hotel and restaurant. The townhouse-style property boasts spacious living, 2 king-size bedrooms, a deck, and is enhanced by a separate self-contained studio currently rented out, offering dual income potential. Its private Northeast aspect and well-maintained interiors with quality finishes make it a rare find for permanent living, holiday lets, or retirement.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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
0%
83.6%
$610K
4.5%
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Try Picki for FREE$2,000,000
+
-
Asking Price
$2,000
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
$1,480
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
$2,030
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$93,600
$133,222
Property Management
+7.7% PA
$7,207
$10,258
Rates
+3.0% PA
$1,381
$1,802
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
$81,635
$116,756
Interest Repayments
-
-
Net Cashflow Before Tax
$81,635
$116,756
Depreciation
-
-
Tax Offset
$24,490
$35,027
Net Cashflow After Tax
$57,144
$81,729
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
-
-
$2,136,000
$3,861,380