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$745K
$127,235
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Try Picki for FREEConfidence
High
High
$895,000
Medium
$845,000
Low
$795,000
Confidence
Medium
Experience coastal living with this renovated home at 216 Lewisham Scenic Drive. Offering privacy and breathtaking water views, the home features highquality finishes and modern comforts like ducted heating and cooling. The gourmet kitchen boasts top-of-the-line appliances and panoramic views. Exterior upgrades include a cement-clad finish, with two outdoor entertaining areas. A spacious shed-garage offers additional space with a kitchen and bar. Located near the beach, cafes, and amenities, this property provides luxury and convenience.
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88.2%
$878K
3.6%
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-$21,020
3.2%
Asking Price
$845,000
Estimated Purchase Price
$845,000
Stamp Duty
$33,210
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$84,500
Reg. Mortgage
$152
LMI Premium
$24,094
Renovation Costs
-
Total Cash/Equity Required
$144,587
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,300
$38,856
Property Management
+8.8% PA
$2,402
$3,419
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
$20,165
$29,262
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$30,028
-$20,931
Depreciation
-
-
Tax Offset
-$9,009
-$6,279
Net Cashflow After Tax
-$21,020
-$14,652
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Year 1
Year 10
Property Value
6.8%
$902,460
$1,631,433
Loan Balance
I.O
$760,500
$760,500
$141,960
$870,933
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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
