$2M
$415,063
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,400,000
Medium
$2,250,000
Low
$2,100,000
Confidence
Medium
Dive into the luxurious lifestyle of 42 Australia Court, Newport. This remodeled masterpiece offers four spacious bedrooms, three modern bathrooms, and expansive dual living spaces. The home's open-plan kitchen and downstairs living areas merge seamlessly with a large back patio, perfect for year-round enjoyment. Upstairs, a second living area leads to a balcony with canal views. The standout master suite offers the option to relocate for morning waterfront vistas. With a 10m pontoon for boating, generous 657m2 land and prime location just 700m to the Bay, it promises unmatched living. Energy efficiency is bolstered by a 10kW solar system and ducted air conditioning.
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Try Picki for FREELocation, 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.
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...
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
0%
85%
$1.01M
5.3%
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Try Picki for FREE-$170,000
-$78,754
1.6%
Asking Price
$2,250,000
Estimated Purchase Price
$2,420,000
Stamp Duty
$119,675
Transfer Fee
$9,661
Conveyancing
$1,665
Deposit (10%)
$242,000
Reg. Mortgage
$224
LMI Premium
$74,989
Renovation Costs
-
Total Cash/Equity Required
$448,765
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,243
$45,032
Interest Repayments
$143,748
$143,748
Net Cashflow Before Tax
-$112,505
-$98,716
Depreciation
-
-
Tax Offset
-$33,752
-$29,615
Net Cashflow After Tax
-$78,754
-$69,101
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,403,000
$4,344,052
Loan Balance
I.O
$2,178,000
$2,178,000
$225,000
$2,166,052
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