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$799K
$130,280
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Try Picki for FREEConfidence
Medium
High
$810,000
Medium
$770,000
Low
$730,000
Confidence
Medium
Situated in North Boambee Valley, this captivating brick and tile home stands as an ideal retreat enveloped by nature. The residence is set on a generous 813sqm block that provides ample space for leisure and social gatherings. Featuring raked ceilings and a split-level design, the home enjoys a NorthEast aspect with views of lush greenery. It boasts an open-plan living area with a timber bar, a cherry wood kitchen equipped with CHEF appliances, and a Northeast-facing deck ideal for morning coffee. The property offers three bedrooms with built-in robes, a newly renovated 3-way main bathroom, and additional facilities downstairs including a second bathroom and a double garage. Extensive storage solutions under the house and deck enhance its appeal. Positioned just five minutes from Coffs Harbour CBD and ten minutes from the Coffs Harbour Jetty, this home blends comfort, space, and convenience in a serene locale.
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77.5%
$710K
4.7%
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Try Picki for FREE-$10,000
-$13,838
4.3%
Asking Price
$799,000
Estimated Purchase Price
$780,000
Stamp Duty
$29,835
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$78,000
Reg. Mortgage
$164
LMI Premium
$20,085
Renovation Costs
-
Total Cash/Equity Required
$130,280
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,563
$38,357
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
-$19,769
-$7,975
Depreciation
-
-
Tax Offset
-$5,931
-$2,392
Net Cashflow After Tax
-$13,838
-$5,582
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$702,000
$702,000
$120,360
$784,631
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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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Trusted by over 13,000 property buyers and counting...
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
