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$1.15M
$226,263
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Not Found
This property boasts an inviting atmosphere matched by luxurious living ideal for entertainers. Set on 1.17 hectares, it offers vast and well-maintained spaces with spectacular views of Mount Wellington and Southern Beaches. The interior radiates light, with a neutral color scheme and premium finishes, such as stone benchtops in a spacious kitchen. Multiple living areas, especially a large lounge spanning over 40 square meters, cater to comfort and ease of lifestyle. This home features four bedrooms, a master suite with ensuite and walk-in robe, and a grand bathroom with a spa bath. A separate studio with its own double garage adds further versatility, alongside ample parking for numerous vehicles including drive-through garages. It is move-in ready, promising a perfect blend of nature and elegant living.
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94.2%
$950K
2.7%
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Try Picki for FREE$5,000
-$21,816
-
Asking Price
-
Estimated Purchase Price
$445,000
Stamp Duty
$15,910
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$44,500
Reg. Mortgage
$152
LMI Premium
$9,837
Renovation Costs
-
Total Cash/Equity Required
$73,030
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.8% PA
-
-
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
-$4,733
-$6,175
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$31,166
-$32,608
Depreciation
-
-
Tax Offset
-$9,350
-$9,783
Net Cashflow After Tax
-$21,816
-$22,826
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$400,500
$400,500
$80,100
$468,310
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
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