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$795K
$133,511
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Medium
Discover a quaint period residence in a charming seaside town. Just moments from coastal walking trails and local amenities, this property boasts a generous 1605sqm block, perfect for renovation or development. Embrace enchanting period details like decorative ceilings and a gas fireplace. Enjoy a spacious lounge, a large country kitchen, and a vast rear garden with a gazebo. Garage access and proximity to public transport add further convenience.
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Try Picki for FREELocation, 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 - 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...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
3.2%
69%
$665K
3.8%
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Try Picki for FREE-$15,000
-$19,543
3.4%
Asking Price
$900,000
Estimated Purchase Price
$835,000
Stamp Duty
$45,170
Transfer Fee
$2,060
Conveyancing
$1,196
Deposit (10%)
$83,500
Reg. Mortgage
$129
LMI Premium
$23,809
Renovation Costs
-
Total Cash/Equity Required
$156,413
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,681
$31,418
Interest Repayments
$49,599
$49,599
Net Cashflow Before Tax
-$27,918
-$18,181
Depreciation
-
-
Tax Offset
-$8,375
-$5,454
Net Cashflow After Tax
-$19,543
-$12,727
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$751,500
$751,500
$124,260
$831,666
