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Withheld
$164,417
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Try Picki for FREEConfidence
High
High
$1,010,000
Medium
$970,000
Low
$930,000
Confidence
Medium
This renovated 3-bedroom beach house offers impressive ocean views from the deck. Experience comfort with air conditioning and security screens throughout. The spacious open-plan kitchen, dining, and living areas extend to a large front deck. The updated kitchen provides abundant cupboard and drawer space, a dishwasher, and room for a large fridge. The property features extra-large bedrooms with built-in robes, a versatile family room or office space, and a well-sized laundry with ample storage. An open shower enhances the bathroom's functionality. Located on an 873m2 block, the property is fully fenced and includes parking for four cars, a rainwater tank, and septic system.
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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 - 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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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.
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
0%
78.7%
$408K
6.8%
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Try Picki for FREE$15,000
-$24,959
3.0%
Asking Price
-
Estimated Purchase Price
$955,000
Stamp Duty
$36,000
Transfer Fee
$3,510
Conveyancing
$1,665
Deposit (10%)
$95,500
Reg. Mortgage
$224
LMI Premium
$26,967
Renovation Costs
-
Total Cash/Equity Required
$164,417
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
$1,676
$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
$21,071
$30,622
Interest Repayments
$56,727
$56,727
Net Cashflow Before Tax
-$35,656
-$26,105
Depreciation
-
-
Tax Offset
-$10,697
-$7,832
Net Cashflow After Tax
-$24,959
-$18,274
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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
$859,500
$859,500
$176,460
$1,013,269
