$799K
$154,636
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,005,000
Medium
$975,000
Low
$945,000
Confidence
Not Found
Discover a unique opportunity in Lower Beechmont to build your dream home on a rare vacant block with breathtaking views of the Gold Coast, Hinze Dam, and the surrounding mountains. This private and secluded property is accessed through an easement in an exclusive acreage. With part of the land cleared for construction and the rest sloping to reveal stunning vistas, this location offers both serenity and convenience. Only 15 minutes from Nerang and local educational facilities, the property is part of a close-knit community with easy access to local amenities such as the General Store and Pink Galah Café.
Trusted by over 13k property buyers and counting...
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83.1%
$788K
5%
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Try Picki for FREE-$145,000
-$50,048
-
Asking Price
$995,000
Estimated Purchase Price
$1,120,000
Stamp Duty
$44,925
Transfer Fee
$4,185
Conveyancing
$1,665
Deposit (10%)
$112,000
Reg. Mortgage
$224
LMI Premium
$34,706
Renovation Costs
-
Total Cash/Equity Required
$198,254
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,969
-$6,483
Interest Repayments
$66,528
$66,528
Net Cashflow Before Tax
-$71,497
-$73,011
Depreciation
-
-
Tax Offset
-$21,449
-$21,903
Net Cashflow After Tax
-$50,048
-$51,108
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,041,300
$1,882,423
Loan Balance
I.O
$1,008,000
$1,008,000
$33,300
$874,423
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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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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