Withheld
$184,920
Confidence
High
High
$1,300,000
Medium
$1,250,000
Low
$1,200,000
Confidence
Medium
"To view the Contract of Sale additional information please copy paste this link into your search bar httpsbit.ly32Sygna Nestled in one of Fern Bays most coveted pockets, this family home perfectly blends modern elegance with comfort, set on a generous 695 sqm block. The interior of this home features five generously proportioned bedrooms, each equipped with ample storage. The master suite includes a private ensuite and walkin wardrobe, while the remaining four bedrooms share access to a wellappointed family bathroom. A separate family room offers additional living space, ideal for accommodating the needs of a growing family. Additionally, a dedicated office space provides convenience for those who work from home. At the heart of the home is the stylish and contemporary kitchen, designed to meet the demands of modern living. It features sleek stone benchtops and a generously sized island with bar seating, making it the perfect space for casual meals, meal preparation, and entertaining. The kitchen flows effortlessly into the adjoining dining living area, which opens seamlessly onto the patio through expansive sliding doors. This design truly captures the essence of indooroutdoor living, allowing for an easy transition between the interior living spaces and the outdoor entertaining area. The lowmaintenance yard is beautifully landscaped with lush greenery, creating a serene outdoor retreat. A large inground pool enhances the space, offering the perfect setting for relaxation and entertainment, whether youre enjoying a swim or hosting family and friends for a summer gathering. The yards thoughtful design balances aesthetics with practicality, providing an inviting, resortlike atmosphere with minimal upkeep required. This property is perfect for those desiring a tranquil coastal lifestyle while maintaining convenient access to the vibrant offerings of Newcastle and its surrounding areas. Whether youre drawn to the pristine beaches, scenic walking trails, or nearby parks, the location ensures that natures beauty is always within reach. With Newcastles bustling city centre just a short drive away, youll enjoy the best of both worlds. FEATURES Four bedrooms master with ensuite and walkin wardrobe Openplan living with abundant natural light Additional family room and dedicated office Ducted AC throughout Large concrete inground pool 6.5kw Solar 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, availability of any information expressed or implied. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. Photos have been edited for marketing purposes."
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59.6%
$900K
3.9%
$20,000
-$29,037
3.2%
2.6%
-13.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,230,000
Stamp Duty
$50,705
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$123,000
Reg. Mortgage
$164
LMI Premium
$34,757
Renovation Costs
-
Total Cash/Equity Required
$210,822
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
$1,040
$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
$31,580
$45,472
Interest Repayments
$73,062
$73,062
Net Cashflow Before Tax
-$41,482
-$27,590
Depreciation
-
-
Tax Offset
-$12,445
-$8,277
Net Cashflow After Tax
-$29,037
-$19,313
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,107,000
$1,107,000
$228,000
$1,306,362
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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