$1.2M
$187,577
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,250,000
Medium
$1,150,000
Low
$1,050,000
Confidence
Medium
Experience the best of island living with this stunning waterfront home on Macleay Island. Set on a spacious 1,411m² block, it features sweeping views of Southern Moreton Bay, a luxurious inground pool, a fire pit, and expansive living areas. The two-story design boasts a modern kitchen, three stylish bedrooms, and sleek bathrooms. Enhanced with eco-friendly features like a 7.7kW solar system, it offers both comfort and sustainability. Just a short trip from Brisbane, this property combines serene island life with modern convenience.
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70%
$228K
10.4%
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Try Picki for FREE$40,000
-$27,990
3.0%
Asking Price
$1,198,000
Estimated Purchase Price
$1,110,000
Stamp Duty
$44,350
Transfer Fee
$4,142
Conveyancing
$1,665
Deposit (10%)
$111,000
Reg. Mortgage
$224
LMI Premium
$31,344
Renovation Costs
-
Total Cash/Equity Required
$193,275
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
$1,598
$2,085
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
$25,948
$37,555
Interest Repayments
$65,934
$65,934
Net Cashflow Before Tax
-$39,986
-$28,379
Depreciation
-
-
Tax Offset
-$11,996
-$8,514
Net Cashflow After Tax
-$27,990
-$19,865
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$999,000
$999,000
$229,200
$1,221,293
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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