$1.69M
$308,094
"Welcome to this modern 4 bedroom, 2 bathroom family home located in the heart of Burleigh Waters. A timeless modern design this single level cherished family home blends luxury living in a convenient location on an easy to maintain 462m2 allotment. Designed for todays busy family, the flexible floorplan features 4 bedrooms, 2 bathrooms, fully tiled living areas both formal and informal and a separate sunken media room for those special family movies. The modern kitchen features white stone bench tops, stainless steel appliances, glass splash back and sleek white 2 pac cabinetry. The chefs kitchen flows easily to formal dining and outdoor entertaining. The expansive alfresco area overlooks the private PebbleCrete inground pool surrounded by established lush landscaping and timber decking. Hosting a family BBQ will be a breeze from this outdoor space, a perfect backdrop ready for new family memories to be made. Enjoy this prime Burleigh Waters location close to parks, shopping centres, cafes, schools and the iconic Burleigh Heads beach. Features at a glance Northern rear yard perfect for entertaining 4 bedrooms plus media room Fully tiled living areas High quality chefs kitchen with stainless steel appliances Large covered Alfresco outdoor entertaining overlooking the pool and lush gardens Master suite with ensuite and double vanities Two highend bathrooms with stone vanities, semi frameless showers Split cycle air conditioning Garden shed 3kw Solar panels Fully fenced front yard, ensuring security for children and pets Ample offstreet parking plus separate gate access for jet ski or boat Disclaimer In the preparation of this document, we have used our best endeavors to ensure that the information contained herein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchases should make their own inquiries to verify any information contained herein."
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85.5%
$1.3M
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$20,000
-$33,099
3.3%
2.8%
-12.4%
6.0%
Asking Price
-
Estimated Purchase Price
$1,480,000
Stamp Duty
$65,625
Transfer Fee
$5,701
Conveyancing
$1,665
Deposit (10%)
$148,000
Reg. Mortgage
$224
LMI Premium
$45,861
Renovation Costs
-
Total Cash/Equity Required
$267,627
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
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
$40,627
$58,414
Interest Repayments
$87,912
$87,912
Net Cashflow Before Tax
-$47,285
-$29,498
Depreciation
-
-
Tax Offset
-$14,185
-$8,849
Net Cashflow After Tax
-$33,099
-$20,648
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$1,332,000
$1,332,000
$270,000
$1,564,035
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 - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price