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$830K
$142,214
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Try Picki for FREEConfidence
Medium
High
$830,000
Medium
$780,000
Low
$730,000
Confidence
Medium
This spacious 2-bedroom, 2-bathroom apartment offers 111m2 of comfortable living. Situated just 250 meters from famous beaches, this property features stunning city skyline views over Broadbeach and Surfers Paradise. Enjoy easy access to Pacific Fair, Oasis Shopping Centres, dining, entertainment precincts, and the G Link Tram Station. The apartment is perfect for owner-occupiers or as an investment, currently rented at $760 per week. It includes a well-equipped kitchen, European laundry, large balcony, and air-conditioned open-plan living. Building amenities feature a pool, BBQ area, and secure basement parking. Private appointments are required for viewing.
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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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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%
37.1%
$675K
6.9%
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Try Picki for FREE-$50,000
-$9,432
5.3%
Asking Price
$830,000
Estimated Purchase Price
$830,000
Stamp Duty
$30,375
Transfer Fee
$2,963
Conveyancing
$1,665
Deposit (10%)
$83,000
Reg. Mortgage
$224
LMI Premium
$23,437
Renovation Costs
-
Total Cash/Equity Required
$142,214
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$35,828
$51,583
Interest Repayments
$49,302
$49,302
Net Cashflow Before Tax
-$13,474
$2,281
Depreciation
-
-
Tax Offset
-$4,042
$684
Net Cashflow After Tax
-$9,432
$1,597
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$747,000
$747,000
$86,040
$758,938
