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$1.79M
$382,138
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
This property is a rejuvenated midcentury gem designed with award-winning expertise, set in the sought-after West Beach area. Drawing inspiration from Palm Springs, its architectural charm showcases a wealth of luxury features including a vibrant outdoor space with a swimming pool, refined interior finishes like Tasmanian oak frames, and high-end joinery that embodies a chic, resort-style vibe. Its strategic location offers easy access to schools, parks, and beaches, epitomizing a leisurely coastal lifestyle within a generous 691sqm footprint.
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86.7%
$494K
8.7%
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Try Picki for FREE$1,190,000
+
364.0%
Asking Price
$7,000
Estimated Purchase Price
$10,000
Stamp Duty
$100
Transfer Fee
$209
Conveyancing
$1,226
Deposit (10%)
$1,000
Reg. Mortgage
$187
LMI Premium
$173
Renovation Costs
-
Total Cash/Equity Required
$3,445
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
$1,897
$2,475
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
$28,179
$40,750
Interest Repayments
$594
$594
Net Cashflow Before Tax
$27,585
$40,156
Depreciation
-
-
Tax Offset
$8,276
$12,047
Net Cashflow After Tax
$19,310
$28,109
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Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$9,000
$9,000
$1,272,600
$2,307,828
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2021 Population
Suburbs
Transport, Postal and Warehousing - 12.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 11.0%
Retail Trade - 11.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
