$1.12M
$175,529
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
This stunning home, just two years old, sits on a high-set block with breathtaking bush and mountain views. A short stroll from Scotts Head beach, this property offers an easy-care garden and a custom-built staircase leading to a versatile open-plan living area with gourmet kitchen and butler's pantry. The master suite boasts double built-in robes and a spacious ensuite, while guests enjoy a private ground floor suite. Modern amenities include a 5-zoned ducted air-conditioning system, ample storage, and a double garage. This property is ideally located near cafes, shops, schools, and pristine natural attractions.
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73.5%
$1.1M
2.6%
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Try Picki for FREE$10,000
-$32,418
2.6%
Asking Price
$1,270,000
Estimated Purchase Price
$1,190,000
Stamp Duty
$48,505
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$119,000
Reg. Mortgage
$164
LMI Premium
$33,627
Renovation Costs
-
Total Cash/Equity Required
$203,492
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,375
$35,217
Interest Repayments
$70,686
$70,686
Net Cashflow Before Tax
-$46,311
-$35,469
Depreciation
-
-
Tax Offset
-$13,893
-$10,641
Net Cashflow After Tax
-$32,418
-$24,828
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,071,000
$1,071,000
$210,600
$1,245,828
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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...
Try Picki for FREEAverage Population
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