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$870K
$131,134
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$870,000
Low
$840,000
Confidence
Not applicable
This semi-detached, luxurious three-bedroom residence at Raffertys Resort stands out with its prime location just 150 meters from the water, offering privacy away from traffic. It boasts an ultramodern kitchen with stainless steel appliances, lavish bathrooms, a laundry area, and polished floors leading to a private covered entertaining deck. The living and dining spaces are spacious and open. The property includes a rear private courtyard and a single garage. Residents can enjoy tennis courts and pools, making it an ideal weekend getaway or holiday investment. Currently utilized as a holiday rental, new owners have the option to continue generating rental income. Annual council rates are approximately $1,924.56, water rates $1,076.64 (including occupant usage), and strata fees $5,080.84.
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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
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0%
83.6%
$610K
4.5%
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Try Picki for FREE$65,000
-$36,803
-
Asking Price
$870,000
Estimated Purchase Price
$805,000
Stamp Duty
$30,960
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$80,500
Reg. Mortgage
$164
LMI Premium
$20,729
Renovation Costs
-
Total Cash/Equity Required
$134,549
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,758
-$6,208
Interest Repayments
$47,817
$47,817
Net Cashflow Before Tax
-$52,575
-$54,025
Depreciation
-
-
Tax Offset
-$15,773
-$16,208
Net Cashflow After Tax
-$36,803
-$37,818
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$724,500
$724,500
$204,660
$955,200
