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Withheld
$2,215
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Try Picki for FREEConfidence
High
High
$1,650,000
Medium
$1,500,000
Low
$1,350,000
Confidence
Medium
This exquisite seaside residence offers a serene lifestyle with breathtaking ocean views stretching across a vast 1,869 m2 waterfront block. Architecturally designed, this two-level home features 3 bedrooms, 2 bathrooms, a study, an art studio, and a media room, providing ample space for both relaxation and creativity. The home embraces modern living with its polished concrete floors, timber beams, and a sophisticated kitchen equipped with a 900mm freestanding gas stove and a walk-in pantry. The master suite, complete with an ensuite and walk-in robe, opens to stunning views. Outdoor living thrives here with a private sandy beach, covered entertainment area, outdoor sauna, and a fire pit. Located at the end of a cul-de-sac on the island's sought-after northern end, this property promises a tranquil retreat where nature and luxury converge.
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
0%
80%
$482K
5.7%
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Try Picki for FREE$100,000
-$40,048
2.4%
Asking Price
$1,600,000
Estimated Purchase Price
$1,400,000
Stamp Duty
$61,025
Transfer Fee
$5,364
Conveyancing
$1,665
Deposit (10%)
$140,000
Reg. Mortgage
$224
LMI Premium
$43,382
Renovation Costs
-
Total Cash/Equity Required
$252,211
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,598
$2,085
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
$25,948
$37,555
Interest Repayments
$83,160
$83,160
Net Cashflow Before Tax
-$57,212
-$45,605
Depreciation
-
-
Tax Offset
-$17,163
-$13,682
Net Cashflow After Tax
-$40,048
-$31,924
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$1,260,000
$1,260,000
$342,000
$1,636,035
