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$455K
$66,383
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Discover a newly renovated 4-bedroom gem on the northern end of the island. Positioned on a 546m2 lot, enjoy proximity to the Bowls Club, Emerald Isle Shopping Village, and Sandpiper Beach. This home boasts an open-plan dining and lounge room, a stylish kitchen with a dishwasher, and air-conditioned living areas. With ceiling fans throughout, a lockable double garden shed, a low-maintenance yard, and a wrap-around deck with carport, this property combines comfort and convenience. Note: The home is tenanted at $495 per week with a lease expiring on May 30, 2025.
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71.5%
$123K
17%
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Try Picki for FREE$15,000
-$3,283
6.6%
Asking Price
$469,000
Estimated Purchase Price
$435,000
Stamp Duty
$13,650
Transfer Fee
$1,320
Conveyancing
$1,665
Deposit (10%)
$43,500
Reg. Mortgage
$224
LMI Premium
$9,523
Renovation Costs
-
Total Cash/Equity Required
$70,432
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,598
$2,085
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
$21,149
$30,724
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$4,690
$4,885
Depreciation
-
-
Tax Offset
-$1,407
$1,465
Net Cashflow After Tax
-$3,283
$3,419
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$391,500
$391,500
$89,100
$477,310
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 10.0%
Others - 51.0%
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
