The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$770K
$128,573
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$890,000
Medium
$870,000
Low
$850,000
Confidence
Not Available
Secure your piece of paradise at The Cove, Newcastle's premier resort for over 55s. This property offers full ownership of both the home and the land with no exit fees. Enjoy spacious, single-level living with 5-star amenities including tennis courts, a bowling green, and an indoor pool. Located just 20 minutes from Newcastle, with easy access to Port Stephens, this home offers both luxury and practicality. With a low-maintenance yard, auto double garage, and dedicated parking for a motorhome, it's a gateway to an enriched lifestyle. Ideal for independent living with leisure and connection.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
99%
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$100,000
-$35,109
-
Asking Price
$770,000
Estimated Purchase Price
$770,000
Stamp Duty
$29,385
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$77,000
Reg. Mortgage
$164
LMI Premium
$19,828
Renovation Costs
-
Total Cash/Equity Required
$128,573
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,417
-$5,763
Interest Repayments
$45,738
$45,738
Net Cashflow Before Tax
-$50,155
-$51,501
Depreciation
-
-
Tax Offset
-$15,047
-$15,450
Net Cashflow After Tax
-$35,109
-$36,051
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$693,000
$693,000
$236,160
$986,700
Below are some similar properties in the area you may be interested in.
Location, 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
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
