$799K
$122,695
"Situated just a short walk to Banksia Beach shopping complex and minutes away from Pumicestone Passage, this property is perfect for those seeking a tranquil coastal living experience. This home is built to last, offering a blend of comfort, functionality, and opportunity for personalisation. Whether youre looking to move in straight away or add your own touch, this property is ready to accommodate your vision. Key Features 3 Bedrooms, 2 Bathrooms Large master bedroom with ensuite, builtin robes, aircon, and ceiling fan Second and third bedrooms with builtin robes and ceiling fans Spacious main bathroom with separate shower and bathtub Formal and informal living areas, separate dining room Wellequipped kitchen with electric cooking, ample storage, and outlook to outdoor entertaining area Dual side access for extra parking for vans and boats Solar Power 6kw Rain water tank Fully fenced 613 sqm block with new Colorbond secure lockup fencing Established low maintenance gardens with spear pump and garden shed Inground pool, perfect for relaxing outdoors To learn more about this wonderful property, contact Victoria or Tarek at 07 34100691. Dont miss out on this fantastic opportunity to own a piece of coastal paradise in Banksia Beach Disclaimer The virtual furniture depicted in the images of this property listing is for illustrative purposes only. The virtual staging and furnishings are digitally enhanced to showcase the potential of the space and are not included in the sale of the property. Potential buyers are advised to physically inspect the property to assess its features and condition accurately. The virtual furniture is meant to provide inspiration and ideas for the utilisation of space and should not be construed as representations of the propertys current furnishings."
Below are some similar properties in the area you may be interested in.
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79.7%
$824K
4.1%
$130,000
-$18,498
3.4%
2.6%
-13.8%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$785,000
Stamp Duty
$28,350
Transfer Fee
$2,794
Conveyancing
$1,665
Deposit (10%)
$78,500
Reg. Mortgage
$224
LMI Premium
$22,166
Renovation Costs
-
Total Cash/Equity Required
$134,250
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,103
$1,439
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
$20,204
$29,320
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$26,425
-$17,309
Depreciation
-
-
Tax Offset
-$7,928
-$5,193
Net Cashflow After Tax
-$18,498
-$12,116
Assumptions
Year 1
Year 10
Property Value
6.8%
$977,220
$1,766,581
Loan Balance
I.O
$706,500
$706,500
$270,720
$1,060,081
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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 - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price