$1.39M
$207,157
Confidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
"To view the Contract of Sale additional information please copy paste this link into your search bar httpsbit.ly13Oimara Experience the epitome of sophisticated coastal living in this breathtaking 5bedroom residence, nestled in the highly coveted Seaside Estate. A harmonious blend of contemporary design and timeless elegance, this home is a sanctuary for those who appreciate the finer things in life. Step inside, and youll be captivated by an openplan layout that seamlessly integrates the indoors with the outdoors. The heart of the home is the stylish kitchen, featuring highend appliances, a large island bench, and walkin pantry, ensuring ample storage and space for culinary endeavours. The kitchen overlooks the dining area and living room, which are bathed in natural light from large windows and sliding doors that lead to the patio, offering the perfect space for family gatherings and entertaining guests. For movie enthusiasts, the home theatre room offers a cinematic experience right at home, ensuring every night can be movie night. Additionally, this level includes a wellappointed bathroom, a functional laundry with direct access to the outdoors, and a generously sized garage with ample storage space. Continuing through to the upper level, four spacious bedrooms await, each crafted to offer a serene escape. The luxurious master stands apart, featuring an expansive walkin wardrobe, an exquisite ensuite and a private balcony to match. The three additional bedrooms are thoughtfully proportioned and complemented by a sleek family bathroom that blends modern style with practical functionality. At the center of this level, a family room offers a flexible space, ideal for a second lounge room or as a dedicated play area for children. Set within the tranquil community of Fern Bay, its a locale that promises both a relaxed lifestyle and easy access to the dynamic energy of Newcastle, just a short drive away. RATES Council 521 pquarter Water 397 pquarter Community Fee 143 pquarter FEATURES Built in 2013 by TaylorMade Residential 8.5m x 3.5m inground Harvest pool 6.8kw solar Ducted AC throughout Large master retreat with ENS WIR South Facing home Large 666.3sqm corner block Soft close cupboards and drawers in kitchen and bathrooms Oversized garage with drive through to backyard Disclaimer The information provided by Creative Property Co. on any marketing material is for general informational and educational purposes only. All information is provided in good faith and is believed to be accurate, however, Creative Property Co. will not be held liable regarding the accuracy, validity, or availability of any information expressed or implied. Accordingly, before taking any actions based on such information, we encourage you to consult with the appropriate professionals. Photos have been edited for marketing purposes."
-
80.3%
$1.02M
3.6%
$15,000
-$23,058
3.2%
2.5%
-14.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$965,000
Stamp Duty
$38,160
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$96,500
Reg. Mortgage
$164
LMI Premium
$24,849
Renovation Costs
-
Total Cash/Equity Required
$161,869
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
$1,040
$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
$24,381
$35,225
Interest Repayments
$57,321
$57,321
Net Cashflow Before Tax
-$32,940
-$22,096
Depreciation
-
-
Tax Offset
-$9,882
-$6,629
Net Cashflow After Tax
-$23,058
-$15,467
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,046,640
$1,892,076
Loan Balance
I.O
$868,500
$868,500
$178,140
$1,023,576
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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 Days of Supply
Sold Price
Asking Price