$849K
$153,331
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High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
$850/week
Street Statistics
Public Housing (%)
0%
Owner Occupiers (%)
68.4%
Median Street Sold Price
$1.03M
Median Street Rental Yield
3.3%
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Property
Very Good
Street
Very Good
Suburb
Average
Overall
Good
Under Market Value
$420,000
Net Cashflow PA
-$15,035
Gross Yield
4.5%
Purchase Costs
Asking Price
$879,000
Estimated Purchase Price
$930,000
Stamp Duty
$36,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$93,000
Reg. Mortgage
$164
LMI Premium
$23,948
Renovation Costs
-
Total Cash/Equity Required
$155,893
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Expenses
Property Management
+7.7% PA
$3,203
$4,559
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
$33,763
$48,604
Interest Repayments
$55,242
$55,242
Net Cashflow Before Tax
-$21,479
-$6,638
Depreciation
-
-
Tax Offset
-$6,444
-$1,991
Net Cashflow After Tax
-$15,035
-$4,646
Balance Sheet
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Try Picki for FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Liabilities
Loan Balance
I.O
$837,000
$837,000
Net Equity
$604,800
$1,769,431
Property Inspection Report
Property Overview
Discover coastal living at its finest with this single-level family home in Moonee Beach. This residence features a thoughtfully designed, open-plan dining, kitchen, and family area, complete with air conditioning for year-round comfort. Additional spaces include a rumpus room, media room, and a dedicated children's area. Enjoy outdoor entertaining in the north-facing backyard with full fencing for safety. The master bedroom is equipped with a walk-in robe and ensuite, while other bedrooms feature built-in robes. Located in a quiet area, this property is just minutes away from Moonee Market Place and Moonee Beach Hotel, offering access to supermarkets, a gym, swimming pool, medical facilities, and more. Outdoor enthusiasts will love the proximity to Moonee Creek Estuary and Moonee Beach, perfect for fishing, swimming, and surfing. Conveniently situated 15 minutes north of Coffs Harbour and 10 minutes to Woolgoolga, this is a coastal gem you won't want to miss.
Inspection Checklist
- Verify the land size is 426m2.
- Check the condition of the air conditioning units in the main living area and master bedroom.
- Inspect the double lockup garage and confirm internal access.
- Examine the condition of the outdoor entertaining area and backyard fencing.
- Assess the condition of the kitchen appliances, including the gas cooktop and dishwasher.
- Ensure the property has NBN connectivity.
- Review the internal laundry setup.
- Confirm the age of the property matches the year built (2015).
- Inquire about any improvements or renovations since 2015.
- Inspect the rumpus room and media room for space and condition.
Questions for Agent
- Can you provide more details about the community title fee of $472.66 per annum?
- Are there any amenities or facilities specifically included under the community title?
- Can you confirm if all the listed amenities (gym, swimming pool, medical and dentist amenities) are within walking distance?
- Is the area prone to any environmental issues, such as flooding or bushfires?
- Has the property undergone any recent renovations?
- What are the typical utility costs for this property?
- Can you provide more information about the zoning R2 and what it entails for future development?
- Have there been any issues with noise or disturbances from nearby locations?
- How does the property's pricing compare to similar homes sold in the area recently?
- What is the typical rental yield for similar properties in Moonee Beach?
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Location Opportunity
City of Coffs Harbour statistics
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.
78,759
2021 Population
31
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Average
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%
income growth
Very High
Average Income
COMMUTE TIME
201mins
106kms
Poor
Pr
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Li
Po
Population Growth
Average Population
SUPPLY vs POPULATION
Projected Population Growth
3.7%
projected
for 2025 to 2027
High
Su
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1.3%
High
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Very Good
Average Rental Yield
VACANCY RATE
Excellent
Average Vacancy Rate
Days of Supply
Very Good
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Very Good
Average Population
Pricing
Sold Price
Asking Price
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