Withheld
$391,947
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$2,400,000
Medium
$2,150,000
Low
$1,900,000
Confidence
Not applicable
Discover the essence of coastal luxury with this nearly new Torrenstitled residence located between Tennyson Beach and West Lakes. This four-bedroom, 2.5-bathroom home presents a rare opportunity for serene, elegant, and convenient living. With a ground-floor master suite offering waterfront views and an open-plan kitchen equipped with high-end appliances, this property emphasizes comfort and sophistication. The upper level hosts three additional bedrooms and a second living area with a private alfresco space. Lifestyle options abound with proximity to the beach, lake activities, dining, and urban amenities.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
90.3%
$2.2M
1.7%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$130,000
-$87,742
-
Asking Price
-
Estimated Purchase Price
$2,020,000
Stamp Duty
$104,930
Transfer Fee
$19,235
Conveyancing
$1,226
Deposit (10%)
$202,000
Reg. Mortgage
$187
LMI Premium
$63,819
Renovation Costs
-
Total Cash/Equity Required
$391,947
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,357
-$6,990
Interest Repayments
$119,988
$119,988
Net Cashflow Before Tax
-$125,345
-$126,978
Depreciation
-
-
Tax Offset
-$37,604
-$38,093
Net Cashflow After Tax
-$87,742
-$88,884
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,296,200
$4,150,983
Loan Balance
I.O
$1,818,000
$1,818,000
$478,200
$2,332,983
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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