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$5.18M
$874,686
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Medium
Experience the pinnacle of luxury living in this stunning private estate on Kalimna Drive, offering breathtaking views from its enchanting clifftop position. Designed with bespoke solid clinker brick and featuring alluring architectural elements, this home embodies exclusivity and comfort. With three spacious bedrooms, two bathrooms, and a well-equipped marble kitchen, the residence provides ample space for family life. Enjoy vibrant living areas, attic spaces for relaxation or work, and the convenience of two double garages and a full-height basement cellar. Located near Mornington's vibrant retail and dining precinct, this property promises a serene and sophisticated lifestyle.
Trusted by over 13k property buyers and counting...
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91.1%
$1.43M
2.6%
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Try Picki for FREE-$2,980,000
-$166,461
0.9%
Asking Price
$5,175,000
Estimated Purchase Price
$4,530,000
Stamp Duty
$274,450
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$453,000
Reg. Mortgage
$129
LMI Premium
$141,746
Renovation Costs
-
Total Cash/Equity Required
$874,686
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,452
$1,895
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$31,280
$45,080
Interest Repayments
$269,082
$269,082
Net Cashflow Before Tax
-$237,802
-$224,002
Depreciation
-
-
Tax Offset
-$71,341
-$67,200
Net Cashflow After Tax
-$166,461
-$156,801
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$4,077,000
$4,077,000
-$2,421,600
-$1,084,431
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
