Withheld
$1,776
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$655,000
Low
$630,000
Confidence
Medium
This beautifully renovated beachside cottage in Port Willunga offers a relaxed coastal lifestyle. With modern updates influenced by the nearby beach and park, the open plan living space features a wood-fired heater and French doors leading to a stunning outdoor deck. The kitchen is a blend of style and functionality, boasting a timber finish and European appliances. The property includes three bedrooms, two luxurious bathrooms, and is situated on a spacious plot with subdivision approval. Ideal for a holiday retreat or investment, it's a short walk from the beach and local amenities.
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80.8%
$770K
4.3%
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-$11,410
4.6%
Asking Price
-
Estimated Purchase Price
$655,000
Stamp Duty
$29,855
Transfer Fee
$6,179
Conveyancing
$1,226
Deposit (10%)
$65,500
Reg. Mortgage
$187
LMI Premium
$18,858
Renovation Costs
-
Total Cash/Equity Required
$122,355
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,710
$2,231
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
$22,607
$32,796
Interest Repayments
$38,907
$38,907
Net Cashflow Before Tax
-$16,300
-$6,111
Depreciation
-
-
Tax Offset
-$4,890
-$1,833
Net Cashflow After Tax
-$11,410
-$4,277
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$699,540
$1,264,602
Loan Balance
I.O
$589,500
$589,500
$110,040
$675,102
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2021 Population
Suburbs
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 48.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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