$950K
$157,319
Confidence
High
High
$980,000
Medium
$950,000
Low
$920,000
Confidence
Medium
"Nestled within a boutique gated complex and framed by lush rainforest, is this immaculately presented residence that boasts impressive proportions and is designed to offer the best of indooroutdoor living. Spacious, serene and elevated to capture beautiful breezes and leafy vistas. Light filled living and dining area with split system airconditioner, providing an impressive sense of space with soaring curved ceilings. Centrally located kitchen with electric cooking, abundant storage, includes dishwasher. Complemented by sundrenched expansive decking for sublime entertaining. Fully equipped office area with builtin cabinetry and desk. Master bedroom features walkinrobe, ensuite, split system airconditioning and private deck. Generous sized bedrooms equipped with builtinrobes, share a wellappointed bathroom. Double lockup garage, fans throughout and abundant storage options. Added benefit of onsite facilities which include inground pool, full sized tennis court, BBQ pavilion with wet bar and table tennis. Premium coastal lifestyle, minutes to world class beaches and shopping."
-
82.6%
$1.16M
3.9%
-
-$24,619
3.0%
2.2%
-15.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$950,000
Estimated Purchase Price
$950,000
Stamp Duty
$35,775
Transfer Fee
$3,468
Conveyancing
$1,665
Deposit (10%)
$95,000
Reg. Mortgage
$224
LMI Premium
$26,826
Renovation Costs
-
Total Cash/Equity Required
$163,508
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
$1,487
$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
$21,260
$30,868
Interest Repayments
$56,430
$56,430
Net Cashflow Before Tax
-$35,170
-$25,562
Depreciation
-
-
Tax Offset
-$10,551
-$7,668
Net Cashflow After Tax
-$24,619
-$17,893
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$855,000
$855,000
$159,600
$979,155
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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