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$970K
$184,749
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Try Picki for FREEConfidence
High
High
$1,010,000
Medium
$970,000
Low
$930,000
Confidence
Medium
This inviting property in Sandstone Point offers ample space and comfort, perfect for coastal living. Featuring two large living spaces and two master suites, each with ensuites, this home is ideal for families. The central kitchen is modern, equipped with a five-burner gas cooktop and Zip Tap for filtered, boiling, and sparkling water. Outside, enjoy entertaining on a spacious deck with a unique stone-heated barrel sauna. With proximity to the water, easy parking for a van or boat, and excellent local amenities, this home blends convenience with lifestyle.
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
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
Below are some similar properties in the area you may be interested in.
0%
81.4%
$773K
4.3%
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Try Picki for FREE-$75,000
-$26,621
3.0%
Asking Price
$970,000
Estimated Purchase Price
$1,045,000
Stamp Duty
$40,613
Transfer Fee
$3,890
Conveyancing
$1,665
Deposit (10%)
$104,500
Reg. Mortgage
$224
LMI Premium
$29,508
Renovation Costs
-
Total Cash/Equity Required
$180,950
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,103
$1,439
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
$24,044
$34,785
Interest Repayments
$62,073
$62,073
Net Cashflow Before Tax
-$38,029
-$27,288
Depreciation
-
-
Tax Offset
-$11,409
-$8,186
Net Cashflow After Tax
-$26,621
-$19,102
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,035,960
$1,872,769
Loan Balance
I.O
$940,500
$940,500
$95,460
$932,269
