$1000K
$174,570
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Experience coastal living in the heart of Henley Beach at the Del Monte Palace, a landmark building offering a beautifully renovated ground-floor apartment. This residence harmoniously marries classic architecture with modern conveniences. It features two spacious bedrooms, a flexible study/second living area convertible into a third bedroom, and a generous open-plan living space that opens to a serene private courtyard. Enjoy beachfront views, onsite amenities like a pool and gym, and high-level security with intercom access. A modern kitchen and designated parking complete this coastal retreat, perfect as a home or investment.
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59.7%
$1.31M
2.6%
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Try Picki for FREE$20,000
-$40,972
2.3%
Asking Price
-
Estimated Purchase Price
$1,380,000
Stamp Duty
$69,730
Transfer Fee
$13,091
Conveyancing
$1,226
Deposit (10%)
$138,000
Reg. Mortgage
$187
LMI Premium
$43,599
Renovation Costs
-
Total Cash/Equity Required
$266,383
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,441
$33,998
Interest Repayments
$81,972
$81,972
Net Cashflow Before Tax
-$58,531
-$47,974
Depreciation
-
-
Tax Offset
-$17,559
-$14,392
Net Cashflow After Tax
-$40,972
-$33,582
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,242,000
$1,242,000
$253,200
$1,460,966
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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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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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