The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$2,215
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
This waterfront home brings a contemporary beach vibe with sunlit interiors and an open floor plan. Featuring 3 spacious bedrooms, a two-way bathroom, a centrally located kitchen with modern appliances, and expansive alfresco entertainment with water views. With options for extra living space under the house, solar panels, and secure carport space, it suits both comfort and flexibility. Close to mainland access, schools, and shopping, it offers a peaceful bayside lifestyle on Macleay Island with the potential for investment or vacation living.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
71.3%
$320K
7.7%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$10,000
-$13,054
4.3%
Asking Price
-
Estimated Purchase Price
$670,000
Stamp Duty
$23,175
Transfer Fee
$2,289
Conveyancing
$1,665
Deposit (10%)
$67,000
Reg. Mortgage
$224
LMI Premium
$18,919
Renovation Costs
-
Total Cash/Equity Required
$113,822
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
$1,598
$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
$21,149
$30,724
Interest Repayments
$39,798
$39,798
Net Cashflow Before Tax
-$18,649
-$9,074
Depreciation
-
-
Tax Offset
-$5,595
-$2,722
Net Cashflow After Tax
-$13,054
-$6,352
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$603,000
$603,000
$123,240
$709,869
Below are some similar properties in the area you may be interested in.
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 - 15.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
