Withheld
$128,018
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$830,000
Medium
$780,000
Low
$730,000
Confidence
Medium
$650/week
Street Statistics
Public Housing (%)
0%
Owner Occupiers (%)
71.5%
Median Street Sold Price
$680K
Median Street Rental Yield
5%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEProperty Investment Scores
Property
Very Good
Street
Good
Suburb
Very Good
Overall
Very Good
Under Market Value
-
Net Cashflow PA
-$14,187
Gross Yield
4.3%
Purchase Costs
Asking Price
$780,000
Estimated Purchase Price
$780,000
Stamp Duty
$28,125
Transfer Fee
$2,752
Conveyancing
$1,665
Deposit (10%)
$78,000
Reg. Mortgage
$224
LMI Premium
$22,025
Renovation Costs
-
Total Cash/Equity Required
$133,342
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Expenses
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,482
$1,934
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
$26,064
$37,706
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
-$20,268
-$8,626
Depreciation
-
-
Tax Offset
-$6,080
-$2,588
Net Cashflow After Tax
-$14,187
-$6,038
Balance Sheet
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Liabilities
Loan Balance
I.O
$702,000
$702,000
Net Equity
$131,040
$803,938
Property Inspection Report
Property Overview
Discover a charming home nestled in a serene, leafy neighborhood at Kewarra Beach. This residence sits on a spacious 818m2 block in a secure gated estate, providing a perfect blend of comfort and a coastal lifestyle. Featuring three bedrooms, two bathrooms, dual living areas, and a kitchen equipped with a brand-new Bosch cooktop and oven, this home is ideal for families. Enjoy outdoor living on the north-facing covered patio, with lush gardens that offer shade and privacy for the pool. With additional side access for a caravan or boat, low maintenance gardens, and abundant birdlife, it’s a peaceful retreat with easy access to schools, the beach, and shopping centers.
Inspection Checklist
- Verify the condition of the new Bosch cooktop and oven.
- Inspect the quality and stability of the new Colourbond fence.
- Check the function and efficiency of split system air conditioners and ceiling fans.
- Evaluate the pool's condition, including filtration system and safety measures.
- Examine the state of rolldown blinds and security screens on windows.
- Inspect the separate shower and bath for functionality and water pressure.
- Assess the condition of the new hot water system.
- Ensure there are no major repairs needed for the house's exterior and roofing.
- Measure side access to confirm suitability for caravan or boat storage.
- Evaluate noise levels from nearby traffic and neighbors.
- Confirm the security features of the gated estate.
- Check for any signs of pest infestation in gardens and surrounding area.
Questions for Agent
- Can you provide details about the gated estate's security measures?
- What is the age of the roof and when was it last inspected?
- Are there any warranties or guarantees on the new appliances and installations?
- Is there a history of pest issues in the area or in this property?
- What are the average utility costs for the property?
- Are there any planned developments or changes in the neighborhood?
- Can you describe the noise levels experienced in the area, particularly from traffic or nearby events?
- Are there any homeowners' association fees or community obligations?
- What maintenance has been recently completed on the pool or the grounds?
- Can you provide information on the local schools and amenities in the area?
Highest rated properties in the area
Below are some similar properties in the area you may be interested in.
Location Opportunity
Cairns Region statistics
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
166,943
2021 Population
65
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Very Diverse
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
income growth
Average
Average Income
COMMUTE TIME
27mins
14kms
Very Good
Pr
Unlock Recent Public Projects
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREESpent Per Capita
Li
Po
Population Growth
Average Population
SUPPLY vs POPULATION
Projected Population Growth
4.2%
projected
for 2025 to 2027
Very High
Su
Unlock Recent New Home Construction
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREERecent New Home Construction
1.6%
High
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Excellent
Average Rental Yield
VACANCY RATE
Excellent
Average Vacancy Rate
Days of Supply
Very Good
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Very Good
Average Population
Pricing
Sold Price
Asking Price
Analyse all 168,432 Current Properties For Sale.
Trusted by over 13k property buyers and counting...
Try Picki for FREE