$1.65M
$257,553
Confidence
High
High
$1,560,000
Medium
$1,420,000
Low
$1,280,000
Confidence
Medium
"Offering a perfect fusion of luxury, coastal charm, and modern convenience, this exceptional home is just steps away from the pristine shores of East Ballina. Imagine waking each morning to the sound of the waves, with direct access to one of the regions most unspoiled stretches of coastline ideal for morning swims, leisurely beach walks, or exploring the scenic cycle paths. Set on a generous 601m level block, this home is designed to impress with both style and functionality. Step inside to discover a sleek kitchen equipped with stone benchtops, a butlers pantry, and premium Miele appliances. The openplan living area is enhanced by stunning Tasmanian Oak flooring, high ceilings, and expansive doors, creating an inviting and sophisticated space. With four spacious bedrooms, a dedicated study, and an additional versatile room perfect for a second study or home gym, this home offers ample space for modern family living. The media room further enhances the homes appeal, providing a dedicated space for entertainment. Enjoy yearround comfort with airconditioning and ceiling fans throughout, while energy efficiency is supported by solar hot water and electricity. Outside, the magnesium swimming pool provides the ultimate relaxation oasis, ideal for unwinding after a beach walk or lounging poolside. Adding to the convenience of outdoor living is a thoughtfully positioned outdoor shower, perfect for rinsing off after a swim in the ocean or the pool. The epoxyfinished garage floor adds practicality and style to the homes generous storage options, while the modern acrylic garage door completes the sleek exterior design. Families will appreciate the proximity to local schools, parks, and sporting facilities, while those with a taste for the finer things will enjoy the nearby cafes, restaurants, and shopping options. Conveniently located, Ballina Byron Gateway Airport is just a short drive away, providing easy access to domestic flights and making travel effortless. Prime location across from the beach and scenic cycle paths 601m level block with a modern, stylish design Sleek kitchen featuring stone benchtops, a butlers pantry, and Miele appliances Openplan living with Tasmanian Oak flooring, high ceilings, and large doors Four spacious bedrooms plus a dedicated study Media room for family entertainment Additional versatile room ideal for a second study or home gym Magnesium swimming pool with a relaxing poolside area Airconditioning and ceiling fans throughout for yearround comfort Energyefficient solar hot water and electricity system Epoxyfinished garage floor and modern acrylic garage door Close to schools, parks, cafes, restaurants, and shopping Easy access to Ballina Byron Gateway Airport for domestic flights"
-
83.3%
$1.39M
3.1%
$20,000
-$32,765
3.2%
2.6%
-13.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,400,000
Stamp Duty
$60,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$140,000
Reg. Mortgage
$164
LMI Premium
$39,561
Renovation Costs
-
Total Cash/Equity Required
$241,976
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,067
$1,392
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
$36,353
$52,268
Interest Repayments
$83,160
$83,160
Net Cashflow Before Tax
-$46,807
-$30,892
Depreciation
-
-
Tax Offset
-$14,042
-$9,268
Net Cashflow After Tax
-$32,765
-$21,624
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,516,560
$2,741,580
Loan Balance
I.O
$1,260,000
$1,260,000
$256,560
$1,481,580
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price