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$1.65M
$310,883
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,600,000
Low
$1,500,000
Confidence
Not applicable
Nestled in the seaside town of Cremorne, this modern coastal property combines elegance with functional design. The spacious interior features four sunlit bedrooms, including a luxurious master suite. Open-plan living spaces are adorned with timber flooring and high ceilings. A gourmet kitchen is ready for any culinary adventure. The property includes a large backyard with a deck, firepit, and playground features on 2823 sqm. It boasts 44,880L water storage, a garage, and ample storage throughout. A prized coastal home offering luxury and family functionality.
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92.8%
$898K
3.5%
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Try Picki for FREE-$135,000
-$75,758
-
Asking Price
$1,650,000
Estimated Purchase Price
$1,735,000
Stamp Duty
$73,260
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$173,500
Reg. Mortgage
$152
LMI Premium
$54,289
Renovation Costs
-
Total Cash/Equity Required
$303,831
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.8% PA
-
-
Rates
+3.0% PA
$1,966
$2,565
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
-$5,166
-$6,740
Interest Repayments
$103,059
$103,059
Net Cashflow Before Tax
-$108,225
-$109,799
Depreciation
-
-
Tax Offset
-$32,468
-$32,940
Net Cashflow After Tax
-$75,758
-$76,860
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,561,500
$1,561,500
$147,300
$1,527,604
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Public Administration and Safety - 9.0%
Others - 54.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
