The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$535K
$77,144
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
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Experience the coastal lifestyle in this beautifully presented beach house. Located in an enviable, peaceful area with easy access to the golf course, local shop, and beach, the spacious interior with neutral tones and large windows welcomes light, creating a warm, cozy atmosphere. The ground floor offers three bedrooms, two with built-in robes, a family room, and a separate toilet. The top level features a main living area with ocean views, dining room, kitchen, master bedroom, bathroom with laundry, and separate toilet. Enjoy the heat pump system, established gardens, firepit area, carport, and off-street parking. Recent updates include interior and exterior painting and modern glass railings on the deck.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
81.9%
$473K
4.8%
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-$105,000
-$12,475
3.9%
Asking Price
$599,000
Estimated Purchase Price
$555,000
Stamp Duty
$20,585
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$55,500
Reg. Mortgage
$152
LMI Premium
$12,269
Renovation Costs
-
Total Cash/Equity Required
$91,136
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.8% PA
$1,922
$2,735
Rates
+3.0% PA
$1,572
$2,051
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
$15,146
$22,123
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$17,821
-$10,844
Depreciation
-
-
Tax Offset
-$5,346
-$3,253
Net Cashflow After Tax
-$12,475
-$7,591
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%
$480,600
$868,810
Loan Balance
I.O
$499,500
$499,500
-$18,900
$369,310
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
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
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
