$1.6M
$290,751
Confidence
High
High
$1,650,000
Medium
$1,550,000
Low
$1,450,000
Confidence
Medium
"Positioned on a 1,485sqm allotment in an enviable enclave is this impressive family home that has been designed to offer exquisite views, bespoke luxury and the very best of indooroutdoor living. Serene and private home, in a prime elevated location capturing picturesque views and beautiful breezes. Spacious, expertly designed family floorplan offering supreme functionality. Multiple lightfilled internal living zones, providing a sense of space and privacy. Central kitchen features gas cooking, dishwasher and abundant storage. Four bedrooms of generous proportions, featuring builtinrobes and serviced by two modern wellappointed bathrooms. Year round entertaining with multiple covered outdoor areas, all capturing breezes, views and overlooking the beautifully manicured gardens. Secure double car accommodation, ducted airconditioning and easycare flooring throughout. Central to the best of coastal living with world class shopping, dining and beaches."
2.9%
93.5%
$1.3M
4.4%
-$50,000
-$43,247
2.6%
2.1%
-14.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,600,000
Estimated Purchase Price
$1,600,000
Stamp Duty
$72,525
Transfer Fee
$6,207
Conveyancing
$1,665
Deposit (10%)
$160,000
Reg. Mortgage
$224
LMI Premium
$49,579
Renovation Costs
-
Total Cash/Equity Required
$290,751
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,487
$1,940
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
$33,259
$47,947
Interest Repayments
$95,040
$95,040
Net Cashflow Before Tax
-$61,781
-$47,093
Depreciation
-
-
Tax Offset
-$18,534
-$14,128
Net Cashflow After Tax
-$43,247
-$32,965
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,440,000
$1,440,000
$215,400
$1,552,569
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price