Withheld
$295,589
Confidence
High
High
$1,815,000
Medium
$1,650,000
Low
$1,485,000
Confidence
Medium
"Boasting ocean views and breezes, this home provides genuine scope to create an idyllic coastal residence. Unfolding over two generous levels of thoughtfully open spaces, its close to beaches, parks and schools Retro style family home embracing trees, peace and ocean views Light and bright open plan living over two spacious levels Generous loungedining flows to private enclosed terrace Beautiful saltwater pool surrounded by spacious entertaining deck Large kitchen with breakfast bar and smeg appliances overlooking treetops Double bedrooms flooded with light adjoin full bathroom Master retreat enhanced by ocean views, builtins, ensuite Separate casual family room, superb studiohome office Chic cafe and shopping precinct nearby Secure underhouse tandem parking with workshop and storage Stroll to parks and schools, minutes to shops and beaches Council Rates 2,514.58 per annum. Water Rates 1,675.32 per annum. Rental appraisal 1,500 per week"
-
78.5%
$1.5M
3.5%
$25,000
-$30,729
3.8%
3.2%
-10.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,625,000
Stamp Duty
$73,963
Transfer Fee
$6,333
Conveyancing
$1,665
Deposit (10%)
$162,500
Reg. Mortgage
$224
LMI Premium
$50,354
Renovation Costs
-
Total Cash/Equity Required
$295,589
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,626
$75,493
Interest Repayments
$96,525
$96,525
Net Cashflow Before Tax
-$43,899
-$21,032
Depreciation
-
-
Tax Offset
-$13,170
-$6,310
Net Cashflow After Tax
-$30,729
-$14,723
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,762,200
$3,185,638
Loan Balance
I.O
$1,462,500
$1,462,500
$299,700
$1,723,138
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price