$699K
$119,146
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Try Picki for FREEConfidence
High
High
$800,000
Medium
$720,000
Low
$640,000
Confidence
Medium
Located in a beachside community, this spacious home offers access to schools, parks, and local shops, with the beach just a short walk away. The home features four bedrooms and two bathrooms, with a large kitchen at its center. The open living spaces are bright and airy, leading out to a covered patio and low maintenance backyard, ideal for entertaining or future additions like a pool. With new 11 kW solar panels, homeowners enjoy substantial energy savings. Additional features include a master ensuite with a walk-in robe, a double garage, and convenient side access for boats or trailers.
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2021 Population
Suburbs
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%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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
Below are some similar properties in the area you may be interested in.
1.3%
69.6%
$720K
4.8%
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Try Picki for FREE$20,000
+
8.9%
Asking Price
$699,000
Estimated Purchase Price
$700,000
Stamp Duty
$24,525
Transfer Fee
$2,415
Conveyancing
$1,665
Deposit (10%)
$70,000
Reg. Mortgage
$224
LMI Premium
$19,766
Renovation Costs
-
Total Cash/Equity Required
$119,146
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,462
$75,279
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
$10,882
$33,699
Depreciation
-
-
Tax Offset
$3,265
$10,110
Net Cashflow After Tax
$7,618
$23,589
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$630,000
$630,000
$138,960
$760,097