Withheld
$181,878
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Try Picki for FREEConfidence
High
High
$1,100,000
Medium
$1,049,616
Low
$900,000
Confidence
Not directly applicable
This property is a 749m2 gem featuring 3 bedrooms, separate living and dining areas, and a dual lockup garage with an additional granny flat. Notable enhancements include a newly painted and repointed roof and solar panels. Situated in a highly desirable area, it's close to Ashmore State School and in the Benowa High School catchment. Ashmore, known for its central location on the Gold Coast, promises robust future growth, with numerous amenities like parks, shops, schools, hospitals, and sports facilities nearby. Easy access to beaches, the Broadwater, and major transport routes further enhance its appeal.
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75.8%
$958K
4.6%
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-$47,137
-
Asking Price
-
Estimated Purchase Price
$1,050,000
Stamp Duty
$40,900
Transfer Fee
$3,890
Conveyancing
$1,665
Deposit (10%)
$105,000
Reg. Mortgage
$224
LMI Premium
$29,649
Renovation Costs
-
Total Cash/Equity Required
$181,878
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,318
$1,720
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$4,969
-$6,483
Interest Repayments
$62,370
$62,370
Net Cashflow Before Tax
-$67,339
-$68,853
Depreciation
-
-
Tax Offset
-$20,202
-$20,656
Net Cashflow After Tax
-$47,137
-$48,197
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$945,000
$945,000
$176,400
$1,082,224
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
Average Income
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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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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