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$1.4M
$225,232
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Try Picki for FREEConfidence
High
High
$1,350,000
Medium
$1,250,000
Low
$1,150,000
Confidence
Medium
This spacious single-level home offers tranquil living across from Serenity Lake, occupying a 625m2 block. With four bedrooms, including a master suite with a walk-in robe and ensuite, the property features an oversized kitchen, multiple living areas, and a converted garage suitable for a home office. The outdoor area boasts a pool, covered alfresco terrace, and manicured gardens. Residents benefit from 24/7 security, proximity to Hope Island Marketplace, and access to nearby golf courses and the Sanctuary Cove Marina.
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85.2%
$1.85M
3.7%
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Try Picki for FREE$20,000
-$14,305
5.1%
Asking Price
-
Estimated Purchase Price
$1,230,000
Stamp Duty
$51,250
Transfer Fee
$4,648
Conveyancing
$1,665
Deposit (10%)
$123,000
Reg. Mortgage
$224
LMI Premium
$38,114
Renovation Costs
-
Total Cash/Equity Required
$219,451
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
$73,062
$73,062
Net Cashflow Before Tax
-$20,436
$2,431
Depreciation
-
-
Tax Offset
-$6,131
$729
Net Cashflow After Tax
-$14,305
$1,701
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,107,000
$1,107,000
$228,000
$1,306,362
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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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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
