$792K
$135,116
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$840,000
Medium
$785,000
Low
$730,000
Confidence
Medium
Discover Lot 211, Reefsedge Way in The Palms Estate, Kewarra Beach. Located amidst stunning beaches and facilities, this customizable house and land package by Tailored Homes Cairns offers personal design consultations for individualized finishes. Highlights include tiled floors, Daikin air conditioning, stone benchtops, and outdoor BBQ cabinetry. The surrounding estate promises amenities like a planned development with racer slides, a playground, a primary school, and dining options. Note: this house is yet to be constructed. House priced at $403,050 with land at $389,000. Tailored Homes Cairns, renowned for quality custom homes, underscores the unique appeal of each property.
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71.5%
$680K
5%
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Try Picki for FREE-$5,000
-$15,611
4.1%
Asking Price
$792,050
Estimated Purchase Price
$790,000
Stamp Duty
$28,575
Transfer Fee
$2,794
Conveyancing
$1,665
Deposit (10%)
$79,000
Reg. Mortgage
$224
LMI Premium
$22,308
Renovation Costs
-
Total Cash/Equity Required
$135,116
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,240
$45,888
Property Management
+7.7% PA
$2,482
$3,533
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
$24,625
$35,657
Interest Repayments
$46,926
$46,926
Net Cashflow Before Tax
-$22,301
-$11,269
Depreciation
-
-
Tax Offset
-$6,690
-$3,381
Net Cashflow After Tax
-$15,611
-$7,888
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$711,000
$711,000
$127,380
$804,592
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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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projected
for 2025 to 2027
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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