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Withheld
$2,030
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Discover the unique opportunity to own a versatile lakeside property at Lake Macquarie. Comprising three titles, this expansive offering includes prime waterfront access, as well as stunning views of Point Wolstoncroft and Pulbah Island. Key features include a 4-bedroom home at 23 Silverwater Road with retro interiors and a modern studio, a 3-bedroom residence at 21 Silverwater Road capturing 180-degree views, and a vacant parcel of land at 19B Silverwater Road. Located near recreational amenities and the upcoming Cedar Mill, this property serves as the gateway to an array of water activities at Australia’s largest saltwater lake.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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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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.
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
Below are some similar properties in the area you may be interested in.
0%
82.7%
$1.25M
1.8%
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Try Picki for FREE$80,000
-$35,979
2.5%
Asking Price
-
Estimated Purchase Price
$1,270,000
Stamp Duty
$52,905
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$127,000
Reg. Mortgage
$164
LMI Premium
$35,887
Renovation Costs
-
Total Cash/Equity Required
$218,152
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,040
$34,780
Interest Repayments
$75,438
$75,438
Net Cashflow Before Tax
-$51,398
-$40,658
Depreciation
-
-
Tax Offset
-$15,420
-$12,197
Net Cashflow After Tax
-$35,979
-$28,461
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,143,000
$1,143,000
$298,800
$1,463,431
