$1.25M
$184,066
Confidence
Medium
High
$1,360,000
Medium
$1,280,000
Low
$1,200,000
Confidence
Medium
"Contemporary and stylish, and only 90 meters to the waters edge, this welldesigned family home promises a relaxed coastal living opportunity in a desirable location. Designed to capture stunning water views, the dual level floor plan provides a spacious and flexible layout, making it the perfect lifestyle choice to accommodate the whole family. Located on the doorstep of Lake Illawarra with yearround holiday feels, enjoy the leisurely lifestyle on offer fish, swim, surf, kayak or sun bake, the choice is yours Generous open plan living and dining domain filled with natural light Stone finished kitchen has stainless appliances and island breakfast bench Private low maintenance yard enjoys a sunny north aspect with BBQ area Beautiful covered alfresco area ideal for entertaining Lowerlevel guest bedroom features ensuite and builtin robe Gorgeous second living on upper level with amazing water views Master suite features walk in robe, ensuite and opens out to private balcony with gorgeous water views All bedrooms of good size equipped with built in robes Sleek family sized bathroom Ducted air conditioning, internal laundry and powder room, ample storage Convenient internal access from double remote garage Bus stop near your doorstep, walk to local schools and shops Photos taken prior to existing occupants."
-
69.1%
$1.45M
2.8%
$185,000
-$23,724
3.6%
2.8%
-12.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,250,000
Estimated Purchase Price
$1,095,000
Stamp Duty
$44,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$109,500
Reg. Mortgage
$164
LMI Premium
$28,197
Renovation Costs
-
Total Cash/Equity Required
$184,066
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
$1,469
$1,917
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
$31,151
$44,912
Interest Repayments
$65,043
$65,043
Net Cashflow Before Tax
-$33,892
-$20,131
Depreciation
-
-
Tax Offset
-$10,168
-$6,039
Net Cashflow After Tax
-$23,724
-$14,092
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,367,040
$2,471,283
Loan Balance
I.O
$985,500
$985,500
$381,540
$1,485,783
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Education and Training - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 8.0%
Others - 53.0%
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