Withheld
$154,185
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$960,000
Low
$920,000
Confidence
Medium
Located in the vibrant community of Weemala at the Lake, Boolaroo, this property is part of the rapidly developing Lake Macquarie region. Positioned 19 kilometres west of Newcastle, it offers convenient access to amenities such as the Cockle Creek Railway Station, Stockland Glendale, Bunnings, and the new Costco outlet. The Avoca 210 is a single-storey design with a 13m frontage, featuring four bedrooms, a home theatre, and modern family living spaces. Highlights include a secluded master bedroom with ensuite and dual walk-in robes, open plan kitchen with contemporary butler's pantry, and a functional mud room for efficiency. With quality features from the Emerge Collection, this home ensures peace of mind with streamlined processes for quicker move-in and essential inclusions designed for modern living.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Below are some similar properties in the area you may be interested in.
0%
60.6%
$1.2M
3.3%
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-$14,673
4.7%
Asking Price
$999,000
Estimated Purchase Price
$1,000,000
Stamp Duty
$39,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$100,000
Reg. Mortgage
$164
LMI Premium
$25,750
Renovation Costs
-
Total Cash/Equity Required
$167,845
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
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
$38,438
$55,274
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$20,962
-$4,126
Depreciation
-
-
Tax Offset
-$6,288
-$1,238
Net Cashflow After Tax
-$14,673
-$2,888
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,025,280
$1,853,462
Loan Balance
I.O
$900,000
$900,000
$125,280
$953,462