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$1.29M
$245,641
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,360,000
Medium
$1,280,000
Low
$1,200,000
Confidence
Medium
This coastal home effortlessly combines modern comfort with midcentury design in a prime beachside location. Built in 2018 by Bentley Homes, the property offers spacious living areas, a gourmet kitchen with custom cabinetry, and an elegant lounge room with a fireplace. The outdoor space includes two alfresco areas, a wood-fire pizza oven, and a BBQ nook, perfect for entertainment. The primary suite features an ensuite and walk-in robe, while two additional bedrooms include built-in robes and style finishes. Located near the beach, schools, and shopping facilities, this property balances privacy and convenience.
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73.3%
$1.08M
3.6%
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Try Picki for FREE-$140,000
-$37,090
2.8%
Asking Price
$1,320,000
Estimated Purchase Price
$1,420,000
Stamp Duty
$61,155
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$142,000
Reg. Mortgage
$164
LMI Premium
$40,126
Renovation Costs
-
Total Cash/Equity Required
$245,641
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
$1,257
$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
$31,363
$45,189
Interest Repayments
$84,348
$84,348
Net Cashflow Before Tax
-$52,985
-$39,159
Depreciation
-
-
Tax Offset
-$15,896
-$11,748
Net Cashflow After Tax
-$37,090
-$27,412
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,367,040
$2,471,283
Loan Balance
I.O
$1,278,000
$1,278,000
$89,040
$1,193,283
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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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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
