$1.25M
$214,487
Confidence
High
High
$2,000,000
Medium
$1,880,000
Low
$1,750,000
Confidence
Moderate
"This very attractive four bedroom family home has great street appeal and room for all the boats and caravans. The home has a separate lounge and dining area with a well equipped kitchen flowing into a family room. The family room opens out to a massive sun drenched alfresco deck which is private and ideal for entertaining the family. All four bedrooms have wardrobes, ceiling fans and the main bedroom features an ensuite. The home has brand new carpet throughout, split cycle air conditioning and 5 KW solar on the roof. Outside you will find a large backyard that has side access to the rear and additional side parking for boats on the other side, so it should be easy to build a man shed or even a pool STCA. The home has abundant storage with a separate downstairs studio room5th bed and a double garage which is currently used as office space. Set on a large 681m2 elevated block, in a quiet family culdesac, this property captures the lovely hinterland views and cool summer breezes. The pristine Boat Harbour Beach and Kingsley Beach famous for its unspoilt natural beauty close by. Sure to please, this home is priced to sell, so an inspection is highly recommended. Homes like this do not last long. Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty either expressed or implied is given by Raine Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property."
-
80.9%
-
-
$630,000
-$24,829
3.7%
3.1%
-11.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,250,000
Estimated Purchase Price
$1,250,000
Stamp Duty
$51,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$125,000
Reg. Mortgage
$164
LMI Premium
$35,322
Renovation Costs
-
Total Cash/Equity Required
$214,487
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
$1,040
$1,357
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
$38,779
$55,719
Interest Repayments
$74,250
$74,250
Net Cashflow Before Tax
-$35,471
-$18,531
Depreciation
-
-
Tax Offset
-$10,641
-$5,559
Net Cashflow After Tax
-$24,829
-$12,972
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,007,840
$3,629,697
Loan Balance
I.O
$1,125,000
$1,125,000
$882,840
$2,504,697
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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