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$880K
$128,573
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,050,000
Medium
$1,000,000
Low
$950,000
Confidence
Medium
Experience modern coastal living in this 2016-built single-level home in Seaside Fern Bay. Designed for both families and lifestyle enthusiasts, it features an open-plan living area with an island kitchen, seamlessly connecting to a media room. Enjoy four bedrooms and two bathrooms, offering ample space for privacy and comfort. The covered alfresco area invites social gatherings, while the generous yard is perfect for play and leisure. Location enhances appeal, being just 200m from Waratah Park and a hub for outdoor activities. With Newcastle only 15 minutes away, the home provides a serene lifestyle with urban convenience.
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34.2%
$680K
5.4%
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Try Picki for FREE$15,000
-$18,850
4.0%
Asking Price
-
Estimated Purchase Price
$985,000
Stamp Duty
$39,060
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$98,500
Reg. Mortgage
$164
LMI Premium
$25,364
Renovation Costs
-
Total Cash/Equity Required
$165,284
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
$58,509
$58,509
Net Cashflow Before Tax
-$26,929
-$13,037
Depreciation
-
-
Tax Offset
-$8,079
-$3,911
Net Cashflow After Tax
-$18,850
-$9,126
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$886,500
$886,500
$181,500
$1,044,190
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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
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
