$760K
$143,122
"Rare opportunity to purchase a near original 3 bedroom house in the lovely beachside suburb of Woorim on Bribie Island. Just 45 minutes from Brisbane city and airport, Woorim boasts a patrolled surf beach, cafes, clubs, hotel and restaurants. This freshly painted cottage sits on a large, level 604m2 block within walking distance to the Bribie Island Golf course and bush land access to the off leash dog beach where you can watch the dolphins frolic in the surf. Features include 3 bedrooms Newly painted Short stroll through bush land to access the dog friendly beach Able to park 2 cars under the tandem carport Rear yard access drive through garaging Park the car and walk to all Woorim amenities Close to patrolled surf beach Spear pump for the gardens Great owner occupier or rental investment property"
Below are some similar properties in the area you may be interested in.
-
79.6%
$846K
3.7%
$310,000
-$17,664
3.9%
3.0%
-11.8%
6.0%
Asking Price
$810,000
Estimated Purchase Price
$870,000
Stamp Duty
$32,175
Transfer Fee
$3,131
Conveyancing
$1,665
Deposit (10%)
$87,000
Reg. Mortgage
$224
LMI Premium
$24,567
Renovation Costs
-
Total Cash/Equity Required
$149,312
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,443
$38,201
Interest Repayments
$51,678
$51,678
Net Cashflow Before Tax
-$25,235
-$13,477
Depreciation
-
-
Tax Offset
-$7,570
-$4,043
Net Cashflow After Tax
-$17,664
-$9,434
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,260,240
$2,278,214
Loan Balance
I.O
$783,000
$783,000
$477,240
$1,495,214
Did you know you need to engage a conveyancer when buying a property?
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price