$1.28M
$191,144
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Try Picki for FREEConfidence
Medium
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
Green St Property presents an opportunity at Grandview Estate located on Grandview Road, near New Lambton Heights and Rankin Park, just 15-20 minutes from Newcastle CBD. This is a family-friendly area surrounded by lush bushlands. The Corsica 1 235 home design is split-level, featuring four bedrooms, two bathrooms, and two separate living areas, with an option for an additional bathroom and a self-contained flat on the lower level. Luxury inclusions like termite-resistant frames, Daikin air conditioning, and stone benchtops are part of the Sapphire Collection. Conditions apply, and costs related to land purchase and various assessments are not included in the bundle price.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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
Below are some similar properties in the area you may be interested in.
0%
89.3%
$680K
7.1%
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Try Picki for FREE$80,000
-$24,702
3.5%
Asking Price
$1,279,300
Estimated Purchase Price
$1,120,000
Stamp Duty
$45,135
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$112,000
Reg. Mortgage
$164
LMI Premium
$31,649
Renovation Costs
-
Total Cash/Equity Required
$191,144
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
$1,381
$1,802
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
$31,239
$45,027
Interest Repayments
$66,528
$66,528
Net Cashflow Before Tax
-$35,289
-$21,501
Depreciation
-
-
Tax Offset
-$10,587
-$6,450
Net Cashflow After Tax
-$24,702
-$15,051
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,008,000
$1,008,000
$273,600
$1,308,828