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$789K
$117,371
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Try Picki for FREEConfidence
High
High
$840,000
Medium
$785,000
Low
$730,000
Confidence
Medium
Discover a charming three-bedroom rustic boho cottage that redefines waterside living. Perched in a coveted island location, this home offers privacy with conservation areas and a fenced yard, including access for watersport activities. The expansive deck opens up sweeping 180-degree views, inviting you to indulge in sunlit leisure. While the interior boasts modern renovations, the shower room awaits a personal touch, offering potential for customization. Perfectly suited for those seeking tranquility and outdoor activities, this home provides a unique retreat by the sea.
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70%
$228K
10.4%
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Try Picki for FREE$55,000
-$15,549
3.9%
Asking Price
$789,000
Estimated Purchase Price
$730,000
Stamp Duty
$25,875
Transfer Fee
$2,541
Conveyancing
$1,665
Deposit (10%)
$73,000
Reg. Mortgage
$224
LMI Premium
$20,613
Renovation Costs
-
Total Cash/Equity Required
$124,469
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
$43,362
$43,362
Net Cashflow Before Tax
-$22,213
-$12,638
Depreciation
-
-
Tax Offset
-$6,664
-$3,792
Net Cashflow After Tax
-$15,549
-$8,847
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$657,000
$657,000
$181,380
$858,592
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Location, 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%
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...
Try Picki for FREEAverage Population
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
