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Withheld
$2,215
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Try Picki for FREEConfidence
High
High
$960,000
Medium
$842,500
Low
$725,000
Confidence
Medium
Discover the perfect balance of lifestyle and convenience with this refreshing home, just 500m from Scarborough's stunning coastline. Enjoy seamless indoor-outdoor living, complemented by timber floors and abundant natural light. The thoughtfully designed kitchen comes with ample storage, stainless appliances, and stone countertops, perfect for entertaining. Unwind on two spacious decks, or explore the landscaped patio with a fire pit. Featuring three bedrooms with builtins and a versatile office space, this home also boasts air conditioning, solar electricity, and modern ensuite and bathrooms. Just steps from Scarborough State School, shops, and transport, enjoy community living close to beaches and vibrant amenities.
Trusted by over 13k property buyers and counting...
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65.3%
$765K
4.1%
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Try Picki for FREE$35,000
-$13,490
4.5%
Asking Price
-
Estimated Purchase Price
$810,000
Stamp Duty
$29,475
Transfer Fee
$2,879
Conveyancing
$1,665
Deposit (10%)
$81,000
Reg. Mortgage
$224
LMI Premium
$22,872
Renovation Costs
-
Total Cash/Equity Required
$138,665
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$1,103
$1,439
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
$28,843
$41,616
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$19,271
-$6,498
Depreciation
-
-
Tax Offset
-$5,781
-$1,949
Net Cashflow After Tax
-$13,490
-$4,548
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$902,460
$1,631,433
Loan Balance
I.O
$729,000
$729,000
$173,460
$902,433
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
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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
