$925K
$158,468
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
This stunning coastal residence offers ample space for a large family or dual living arrangements. Equipped with two kitchens, the home supports independent living, ideal for older kids or grandparents. Enjoy captivating water views from the main living area, modern fixtures in the open-plan kitchen, and an outdoor entertainment area with an open fireplace. The double garage and solar panels enhance convenience and sustainability, while proximity to local amenities completes this inviting family haven.
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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
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...
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
0%
88.6%
$915K
2.7%
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Try Picki for FREE$35,000
-$17,903
3.6%
Asking Price
-
Estimated Purchase Price
$790,000
Stamp Duty
$30,735
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$79,000
Reg. Mortgage
$152
LMI Premium
$22,526
Renovation Costs
-
Total Cash/Equity Required
$135,043
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
$46,926
$46,926
Net Cashflow Before Tax
-$25,576
-$15,977
Depreciation
-
-
Tax Offset
-$7,673
-$4,793
Net Cashflow After Tax
-$17,903
-$11,184
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$711,000
$711,000
$170,100
$881,819