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$140,440
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72 Velvet Way in Palmview is a stunning contemporary home crafted by Edge Designer Homes. Located in the Harmony Estate, this three-bedroom residence merges luxury with practicality. The property's open-plan layout, raked ceilings, and ducted air conditioning create a spacious and comfortable atmosphere. From the sleek kitchen with its walk-in pantry to the covered deck perfect for entertaining, this home offers style and function. Ideal for young families and investors, the home features a master suite with a luxurious ensuite and ample yard space, plus optional boat or caravan storage. Enjoy a community with parks, schools, and easy access to amenities, embodying the Sunshine Coast lifestyle.
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72.7%
$823K
4.7%
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Try Picki for FREE$15,000
-$14,174
4.4%
Asking Price
-
Estimated Purchase Price
$820,000
Stamp Duty
$29,925
Transfer Fee
$2,921
Conveyancing
$1,665
Deposit (10%)
$82,000
Reg. Mortgage
$224
LMI Premium
$23,155
Renovation Costs
-
Total Cash/Equity Required
$140,440
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,459
$41,115
Interest Repayments
$48,708
$48,708
Net Cashflow Before Tax
-$20,249
-$7,593
Depreciation
-
-
Tax Offset
-$6,075
-$2,278
Net Cashflow After Tax
-$14,174
-$5,315
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Year 1
Year 10
Property Value
6.8%
$891,780
$1,612,126
Loan Balance
I.O
$738,000
$738,000
$153,780
$874,126
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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
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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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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
