$2.49M
$414,079
Confidence
High
High
$920,000
Medium
$895,000
Low
$860,000
Confidence
Medium
"Poised to capture sweeping ocean views from its elevated position in the soughtafter Palmview Forest Estate, this prestige residence provides a luxurious sanctuary for an outstanding family lifestyle. An exquisite display of bespoke craftsmanship, it has been designed for easy care living on one level and showcases a spacious layout with premium finishes throughout, thoughtfully zoned interiors including two separate living areas, luxury master retreat, and sensational alfresco with pool to embrace the uninterrupted coastal vistas. Nestled on a prime 3305sqm on what is one of the highest land holdings at the rear of the estate, this impressive property also features dual driveway access and secure gated entry with powered shed. All just minutes to elite schools, shops, University and some of the Coasts most beautiful beaches. Set on a prime 3305sqm parcel in soughtafter Palmview Forest Capturing ocean views from its elevated position First time on the market, build completed in 2022 Meticulously crafted luxury home with expansive layout Easy care living on one level with thoughtfully zoned interiors Open plan kitchendiningfamily, plus separate living room Luxury master with good separation, WIR and dual vanity ensuite Further three bedrooms, including one with private ensuite Chic family bathroom with bath plus powder room total 3.5 bath Spectacular outdoor entertaining area with pool and coastal views Contemporary kitchen with premium SMEG appliances, butlers pantry Double lockup garage, ample offstreet parking Secure gated entry, dual driveway access and powered 7x5m shed Highend finishes and fixtures throughout, high ceilings, ducted air Pristine, established gardens with lush lawns Three inground concrete water tanks Household Sewerage Treatment Plant Room to add a second dwelling STCA Easy access to elite schools, University, shops, beaches and Hwy"
-
92.9%
$1.85M
0.5%
$15,000
-$14,989
4.4%
3.5%
-9.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$880,000
Stamp Duty
$32,625
Transfer Fee
$3,173
Conveyancing
$1,665
Deposit (10%)
$88,000
Reg. Mortgage
$224
LMI Premium
$24,849
Renovation Costs
-
Total Cash/Equity Required
$151,087
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
$1,487
$1,940
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
$30,859
$44,531
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
-$21,413
-$7,741
Depreciation
-
-
Tax Offset
-$6,424
-$2,322
Net Cashflow After Tax
-$14,989
-$5,419
Assumptions
Year 1
Year 10
Property Value
6.8%
$955,860
$1,727,967
Loan Balance
I.O
$792,000
$792,000
$163,860
$935,967
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price