$1.68M
$253,888
Confidence
High
High
$1,500,000
Medium
$1,420,000
Low
$1,350,000
Confidence
Medium
"Blessed with one of the most idyllic lifestyle locations in tightlyheld East Ballina, this impressive trilevel residence unveils gorgeous treelined views over North Creek, with the picturesque Serpentine Park just a one minute stroll away. Framed by beautiful landscaped gardens and featuring serene water views from every living area, its a quality family haven just a short walk to Shaws Bay and a choice of stunning beaches. Exclusive location offers an enviable waterside lifestyle perfect for families Spend leisurely weekends at the beach or park both just metres away Soak up the views from the large verandah and alfresco entertaining terrace Generous floorplan showcases multiple living areas, all with water vistas Wonderfully lightfilled interiors from the highraked ceilings and skylights Welldesigned kitchen with walk in pantry, granite benchtops and gas cooktop Versatile air conditioned rumpus room with bar and bathroom on entry level Three bedrooms inc. the main with ensuite plus a study or 4th bedroom Perfectly maintained terraced gardens at the rear with those amazing views Plantation shutters, ducted airconditioning, fans plus a double garage Walk to the farmers markets, Shaws Bay Hotel or scenic North Wall"
-
51.3%
-
-
$20,000
-$31,085
3.3%
2.8%
-12.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,400,000
Stamp Duty
$60,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$140,000
Reg. Mortgage
$164
LMI Premium
$39,561
Renovation Costs
-
Total Cash/Equity Required
$241,976
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
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
$38,752
$55,684
Interest Repayments
$83,160
$83,160
Net Cashflow Before Tax
-$44,408
-$27,476
Depreciation
-
-
Tax Offset
-$13,322
-$8,243
Net Cashflow After Tax
-$31,085
-$19,234
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,516,560
$2,741,580
Loan Balance
I.O
$1,260,000
$1,260,000
$256,560
$1,481,580
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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