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$649K
$97,257
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$580,000
Low
$520,000
Confidence
Medium
Discover seaside living with this stunning residence on Ocean View Drive, Greens Beach. Enjoy panoramic views of Bass Strait and Low Head Lighthouse from multiple vantage points. The property features four bedrooms, including a private master suite with ensuite on the upper floor. Spacious living areas blend indoor and outdoor spaces seamlessly. Set on a 1531sqm lot, it boasts lush gardens, entertainment areas, and efficient amenities like a septic system and water tanks. Secure with a fenced yard and a single garage/workshop, this property ensures both comfort and convenience. Nearby amenities and a choice location make this coastal home ideal for families or as a holiday retreat.
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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
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
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%
81.9%
$473K
4.8%
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Try Picki for FREE$10,000
-$11,107
4.4%
Asking Price
$649,000
Estimated Purchase Price
$570,000
Stamp Duty
$21,223
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$57,000
Reg. Mortgage
$152
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$97,258
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+8.8% PA
$2,196
$3,126
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
$17,992
$26,173
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$15,866
-$7,685
Depreciation
-
-
Tax Offset
-$4,760
-$2,305
Net Cashflow After Tax
-$11,107
-$5,379
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$513,000
$513,000
$106,440
$606,800
