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$799K
$122,695
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$910,000
Medium
$820,000
Low
$730,000
Confidence
Medium
This three-level home offers a unique blend of luxury and functionality, set on a 1012 sqm lot in a vibrant island neighborhood. Enjoy the convenience of nearby ferries, shopping, and cafes. The property features expansive timber decks, a swim-up spa, and a lush tropical garden. The top floor boasts a modern kitchen with quality appliances and a spacious living area with water glimpses. The middle floor includes a master suite with a walk-in robe, an office, additional bedroom, and ample storage space. The ground level provides a 2-car garage, workshop, and energy-efficient amenities like a 5 kW solar system. Privacy and convenience are assured with an electric gate and fibre internet connection.
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71.3%
$320K
7.7%
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Try Picki for FREE$60,000
-$16,797
3.8%
Asking Price
$820,000
Estimated Purchase Price
$760,000
Stamp Duty
$27,225
Transfer Fee
$2,668
Conveyancing
$1,665
Deposit (10%)
$76,000
Reg. Mortgage
$224
LMI Premium
$21,460
Renovation Costs
-
Total Cash/Equity Required
$129,793
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
$45,144
$45,144
Net Cashflow Before Tax
-$23,995
-$14,420
Depreciation
-
-
Tax Offset
-$7,199
-$4,326
Net Cashflow After Tax
-$16,797
-$10,094
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$684,000
$684,000
$191,760
$899,166
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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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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
