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$975K
$180,651
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,025,000
Medium
$975,000
Low
$925,000
Confidence
Medium
This is your chance to join a sought-after, over-50s lifestyle community in Redhead. The Belmont plan, located on lot 74, has been crafted for optimal comfort and privacy, offering a 2-3 bedroom layout enhanced by a master suite at the home's rear. Enjoy beach-side living with a central alfresco area ideal for enjoying the nearby ocean sounds. The kitchen comes with high-end appliances, adding a touch of luxury to your daily routine. Relish the benefits of community living just minutes away from Newcastle's vibrant city life and essential amenities.
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86.1%
-
-
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Try Picki for FREE-$75,000
-$22,800
3.6%
Asking Price
$975,000
Estimated Purchase Price
$1,050,000
Stamp Duty
$41,985
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$105,000
Reg. Mortgage
$164
LMI Premium
$27,038
Renovation Costs
-
Total Cash/Equity Required
$176,383
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,440
$53,289
Property Management
+7.7% PA
$2,883
$4,103
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
$29,799
$42,977
Interest Repayments
$62,370
$62,370
Net Cashflow Before Tax
-$32,571
-$19,393
Depreciation
-
-
Tax Offset
-$9,771
-$5,818
Net Cashflow After Tax
-$22,800
-$13,575
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Year 1
Year 10
Property Value
6.8%
$1,041,300
$1,882,423
Loan Balance
I.O
$945,000
$945,000
$96,300
$937,423
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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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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
