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$995K
$160,161
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,010,000
Medium
$975,000
Low
$940,000
Confidence
Medium
An architecturally designed, custom-built residence by renowned builder Brian Hopwood awaits in the prestigious Lakes Estate. This thoughtfully designed home offers modern living with harmonious tranquility and convenience. Featuring multiple living zones, a spacious kitchen, and a large media room, this property provides a seamless blend of style and functionality. Outdoors, enjoy two entertainment areas and a low-maintenance backyard with pool potential. Located near essential amenities, this home offers serene living close to Coffs Harbour's vibrant community life.
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73.4%
$958K
4.3%
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Try Picki for FREE-$5,000
-$18,794
4.0%
Asking Price
$995,000
Estimated Purchase Price
$980,000
Stamp Duty
$38,835
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$98,000
Reg. Mortgage
$164
LMI Premium
$25,235
Renovation Costs
-
Total Cash/Equity Required
$164,430
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,363
$45,189
Interest Repayments
$58,212
$58,212
Net Cashflow Before Tax
-$26,849
-$13,023
Depreciation
-
-
Tax Offset
-$8,055
-$3,907
Net Cashflow After Tax
-$18,794
-$9,116
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Year 1
Year 10
Property Value
6.8%
$1,041,300
$1,882,423
Loan Balance
I.O
$882,000
$882,000
$159,300
$1,000,423
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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
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
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 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
