$1.05M
$197,208
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
Discover the perfect blend of coastal living and spacious comfort in this 4-bedroom, 3-bathroom home with a study in Korora. Just a stroll from the beach and school, this home features a self-contained lower level ideal for guests. Enjoy airy open spaces with timber floors, vaulted ceilings, and a north-facing verandah. Relax in the private pool or utilize the side yard for extra security. Only 5 minutes from Coffs Harbour, this ready-to-auction property offers a balanced lifestyle for families.
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82.8%
$1.03M
3.5%
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Try Picki for FREE-$80,000
-$25,031
3.5%
Asking Price
$1,050,000
Estimated Purchase Price
$1,130,000
Stamp Duty
$45,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$113,000
Reg. Mortgage
$164
LMI Premium
$31,931
Renovation Costs
-
Total Cash/Equity Required
$192,876
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,257
$1,640
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
$31,363
$45,189
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$35,759
-$21,933
Depreciation
-
-
Tax Offset
-$10,728
-$6,580
Net Cashflow After Tax
-$25,031
-$15,353
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,017,000
$1,017,000
$104,400
$1,010,224
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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