$600K
$112,048
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$600,000
Low
$550,000
Confidence
Medium
This charming beachfront cottage offers an alluring escape on Ball Bay, a place where nature blends seamlessly with the sea. Located on the Hibiscus Coast, it’s merely minutes from pristine beaches, a 9-hole golf course, and the Whitsundays access. The open-plan living space, complete with air conditioning throughout, features 2 bedrooms, a bathroom, and a separate toilet. Outside, enjoy a 2-bay shed with side access and both town and rainwater supply. A solid block and brick construction makes it an ideal investment opportunity. Currently tenanted until March 2025, perfect for a future permanent or weekend residence.
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0%
78.7%
$408K
6.8%
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-$13,749
4.0%
Asking Price
$600,000
Estimated Purchase Price
$645,000
Stamp Duty
$22,050
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$64,500
Reg. Mortgage
$224
LMI Premium
$18,213
Renovation Costs
-
Total Cash/Equity Required
$109,407
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,676
$2,187
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
$18,671
$27,206
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$19,642
-$11,107
Depreciation
-
-
Tax Offset
-$5,893
-$3,332
Net Cashflow After Tax
-$13,749
-$7,775
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$580,500
$580,500
$60,300
$577,914
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 - 12.0%
Retail Trade - 11.0%
Education and Training - 8.0%
Accommodation and Food Services - 7.0%
Others - 62.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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