Withheld
$1,776
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Try Picki for FREEConfidence
High
High
$2,500,000
Medium
$2,300,000
Low
$2,100,000
Confidence
Medium
Discover a prime corner parcel within a 15-minute stroll of the Grange Sailing Club. This two-story modern marvel, yet to be built, promises to impress with its high-spec finishes, and an optional in-ground pool. Featuring a well-thought-out floor plan, the lavish main bedroom and study grace the light-filled lower level, accompanied by expansive open-plan living leading to an alfresco space ideal for entertaining. Upstairs, three additional bedrooms, a main bathroom, and a retreat await when needed. With features like curved accents, high ceilings, engineered oak floors, Miele appliances, and a butler’s pantry, this home is tailored for growing families and downsizers alike. The architectural facade, double garage, and landscaped gardens enhance its appeal. Positioned just 5 minutes from the beach and under 20 minutes to the CBD, embrace the lifestyle you envision in this future haven.
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79.1%
$989K
3.6%
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Try Picki for FREE$130,000
-$53,662
2.9%
Asking Price
$2,300,000
Estimated Purchase Price
$2,170,000
Stamp Duty
$113,180
Transfer Fee
$20,675
Conveyancing
$1,226
Deposit (10%)
$217,000
Reg. Mortgage
$187
LMI Premium
$68,558
Renovation Costs
-
Total Cash/Equity Required
$421,376
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
$1,836
$2,396
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$52,238
$74,986
Interest Repayments
$128,898
$128,898
Net Cashflow Before Tax
-$76,660
-$53,912
Depreciation
-
-
Tax Offset
-$22,998
-$16,174
Net Cashflow After Tax
-$53,662
-$37,738
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,456,400
$4,440,587
Loan Balance
I.O
$1,953,000
$1,953,000
$503,400
$2,487,587
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Manufacturing - 11.0%
Construction - 9.0%
Others - 49.0%
Average Income
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projected
for 2024 to 2026
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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