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$895K
$153,262
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High
High
$950,000
Medium
$895,000
Low
$840,000
Confidence
Medium
Discover this charming family haven nestled on a spacious 1774m2 block, boasting captivating views over 7Mile Beach. This home offers a seamless blend of comfort and functionality. The fenced yard bathes in sunlight, providing a safe space for children and pets. Revel in the Blackwood kitchen with modern amenities and admire picturesque views. Enjoy outdoor gatherings on the timber deck accessible from the dining area. The main floor features two bedrooms and a cozy lounge with a woodheater, while the parents retreat upstairs includes an ensuite and private balcony. Additional benefits include multiple garages, ideal for car enthusiasts, all set minutes away from beautiful beaches and essential amenities.
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88.2%
$878K
3.6%
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-$22,269
3.2%
Asking Price
$895,000
Estimated Purchase Price
$895,000
Stamp Duty
$35,460
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$89,500
Reg. Mortgage
$152
LMI Premium
$25,520
Renovation Costs
-
Total Cash/Equity Required
$153,262
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
Rates
+3.0% PA
$1,533
$2,000
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$21,350
$30,949
Interest Repayments
$53,163
$53,163
Net Cashflow Before Tax
-$31,813
-$22,214
Depreciation
-
-
Tax Offset
-$9,544
-$6,664
Net Cashflow After Tax
-$22,269
-$15,550
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$955,860
$1,727,967
Loan Balance
I.O
$805,500
$805,500
$150,360
$922,467
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 10.0%
Manufacturing - 10.0%
Others - 53.0%
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
