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$395K
$56,644
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$380,000
Medium
$350,000
Low
$320,000
Confidence
High
Explore Greens Beach with this character-filled cottage. Bright and inviting, the open plan living on the ground floor includes a spacious kitchen and lounge, flowing onto sun-filled verandas. In winter, stay cozy with a gas fire. Upstairs, find two bedrooms, a balcony, and a powder room. Enjoy serene beachside living with convenient access to nearby towns and attractions. Perfect for summer getaways or year-round residency. Development potential is built into the design.
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81.9%
$473K
4.8%
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Try Picki for FREE-$15,000
-$6,898
5.0%
Asking Price
$395,000
Estimated Purchase Price
$365,000
Stamp Duty
$12,535
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$36,500
Reg. Mortgage
$152
LMI Premium
$8,069
Renovation Costs
-
Total Cash/Equity Required
$59,886
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.8% PA
$1,602
$2,280
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
$11,826
$17,398
Interest Repayments
$21,681
$21,681
Net Cashflow Before Tax
-$9,855
-$4,283
Depreciation
-
-
Tax Offset
-$2,956
-$1,285
Net Cashflow After Tax
-$6,898
-$2,998
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$373,800
$675,741
Loan Balance
I.O
$328,500
$328,500
$45,300
$347,241
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...
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projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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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