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Withheld
$137,964
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Try Picki for FREEConfidence
High
High
$930,000
Medium
$840,000
Low
$750,000
Confidence
Medium
This modern 2-level home in the sought-after Korora area offers a blend of charm and functionality. Built in 2014, the property features high ceilings, substantial windows, and timber hardwood flooring that create a warm and inviting atmosphere. The home includes a modern kitchen with stone benchtops and a walk-in pantry, air conditioning, a 6kw solar system, and versatile living spaces. Located 700 meters from the beach and close to Coffs Harbour, the property provides easy access to local amenities and schools. With the Korora interchange set to enhance connectivity, this home is an affordable gem ideal for families and coastal living enthusiasts.
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82.8%
$1.03M
3.5%
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Try Picki for FREE-$65,000
-$22,395
3.2%
Asking Price
$840,000
Estimated Purchase Price
$905,000
Stamp Duty
$35,460
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$90,500
Reg. Mortgage
$164
LMI Premium
$23,304
Renovation Costs
-
Total Cash/Equity Required
$151,624
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,764
$31,526
Interest Repayments
$53,757
$53,757
Net Cashflow Before Tax
-$31,993
-$22,231
Depreciation
-
-
Tax Offset
-$9,598
-$6,669
Net Cashflow After Tax
-$22,395
-$15,562
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$897,120
$1,621,780
Loan Balance
I.O
$814,500
$814,500
$82,620
$807,280
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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
