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$599K
$114,730
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Try Picki for FREEConfidence
High
High
$605,000
Medium
$585,000
Low
$565,000
Confidence
Not Found
This renovated resort-style home serves as an ideal downsizer, blending luxury with practicality. Offering two king-sized bedrooms with large built-ins, the home includes 1.5 bathrooms and a well-appointed kitchen featuring an island bench and all-electric cooking. The living and dining areas flow seamlessly to an extended alfresco area designed for easy maintenance. The property boasts low body corporate fees and allows pets. It's a short walk to Bribie Island's beautiful waterfront and local amenities. The home features split-system air conditioning, wood-look flooring, and brand new solar panels to help reduce costs.
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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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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
0%
74.6%
$605K
6.1%
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Try Picki for FREE-$60,000
-$30,147
-
Asking Price
$599,000
Estimated Purchase Price
$645,000
Stamp Duty
$22,050
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$64,500
Reg. Mortgage
$224
LMI Premium
$18,213
Renovation Costs
-
Total Cash/Equity Required
$109,407
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,754
-$6,203
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$43,067
-$44,516
Depreciation
-
-
Tax Offset
-$12,920
-$13,355
Net Cashflow After Tax
-$30,147
-$31,161
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$624,780
$1,129,454
Loan Balance
I.O
$580,500
$580,500
$44,280
$548,954
