$285K
$45,734
Confidence
High
High
$158,000
Medium
$150,000
Low
$142,000
Confidence
High
"This delightful home is perfect for those wishing to downsize whilst maintaining a sought after Skennars Head way of life. It has been tastefully renovated with a contemporary bathroom and brandnew energy efficient light fittings and ceiling fans throughout. The open plan kitchen and living space has ample storage, air conditioning, gas appliances and a spectacular feature wall, as well as a separate study. Features master bedroom with builtins and cupboard space, flooded with morning light. The large private rear deck faces west and features floor to ceiling caf blinds, overhead storage as well as magnificent natural views to the adjacent wildlife corridor. Included is a powered garden shed with laundry, vegetable gardens, single concrete driveway and a paved patio, perfect for relaxing after a long day at the beach. Weekly site fee 204.52 pw The park facilities include a large meeting room, solar heated indoor pool, BBQ area residents only, solar heated outdoor pool with spa and childrens wading pool, playground with jumping pillow, games TV room, undercover playground, boom gate security local bus service No stamp duty, no annual council rates, no body corporate fees no exit fees. Centrelink subsidy may apply"
-
77.8%
$510K
9.9%
-$145,000
-$5,298
5.3%
3.4%
-11.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$285,000
Estimated Purchase Price
$295,000
Stamp Duty
$8,570
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$29,500
Reg. Mortgage
$164
LMI Premium
$4,552
Renovation Costs
-
Total Cash/Equity Required
$44,982
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$15,600
$22,204
Property Management
+7.7% PA
$1,201
$1,710
Rates
+3.0% PA
$1,067
$1,392
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
$9,955
$14,696
Interest Repayments
$17,523
$17,523
Net Cashflow Before Tax
-$7,568
-$2,827
Depreciation
-
-
Tax Offset
-$2,270
-$848
Net Cashflow After Tax
-$5,298
-$1,979
Assumptions
Year 1
Year 10
Property Value
6.8%
$160,200
$289,603
Loan Balance
I.O
$265,500
$265,500
-$105,300
$24,103
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price