$1.15M
$220,975
"Designed by Maguire Devine Architects and expertly constructed by Woodhams Builders, this beautiful home sets the bar for beachside living, boasting seamless indoor and outdoor flow, a block with minimal maintenance, and a walk to the beach that takes only minutes. As you enter via the striking faade, the high ceilings and long hallway promote a sense of occasion as the floorplan spills into the combined living and dining area, which maximises northerly sun through extensive glazing and a large picture window, and centres around a warm fireplace. Designed with entertaining in mind, the central hub is a beautifully appointed kitchen with allMiele appliances, opening out to the sundrenched deck at the rear. Providing superb family accommodation, the home comprises three generous bedrooms that are serviced by two luxurious bathrooms, including a master ensuite and a spacious walkin robe. Completing the home are all the elements that can be expected in a home of this calibre, including solid oak floors, ducted reverse cycle airconditioning, wellappointed laundrywet room, and solar inverter system."
Below are some similar properties in the area you may be interested in.
1.3%
73.2%
$901K
4%
-$385,000
-$39,033
2.0%
1.4%
-18.1%
6.0%
Asking Price
$1,150,000
Estimated Purchase Price
$1,235,000
Stamp Duty
$50,760
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$123,500
Reg. Mortgage
$152
LMI Premium
$38,644
Renovation Costs
-
Total Cash/Equity Required
$215,686
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
$1,966
$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
$17,598
$25,659
Interest Repayments
$73,359
$73,359
Net Cashflow Before Tax
-$55,761
-$47,700
Depreciation
-
-
Tax Offset
-$16,728
-$14,310
Net Cashflow After Tax
-$39,033
-$33,390
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$1,111,500
$1,111,500
-$203,700
$529,586
Did you know you need to engage a conveyancer when buying a property?
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price