$2.8M
$480,142
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Try Picki for FREEConfidence
High
High
$3,200,000
Medium
$2,800,000
Low
$2,400,000
Confidence
Medium
In the seaside town of Shoreham, a dual-level, five-bedroom home stands elevated to offer views over Western Port and a mix of style and charm. Nestled in a sought-after cul-de-sac, this one-acre property, known as Los Hermanos, provides a peaceful retreat. The main living spaces sit on the top floor, while a private, self-contained studio below adds guest potential. The well-equipped kitchen flows into living areas with a Bosch appliance suite and stone breakfast bar. Expansive glass illuminates indoor spaces, opening up to outdoor dining and a wraparound balcony. The balcony overlooks coastal gardens, a tennis court, and the bay. Three bedrooms and a master suite provide ample space. Lush gardens, native wildlife, and features like secure entry, a garage, water tank, and heating solutions enhance the property. Just moments from the local store, surf spots, and wineries, this home encapsulates coastal living where nature and luxury meet.
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77.3%
$1.77M
1.9%
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Try Picki for FREE$210,000
-$110,994
-
Asking Price
$2,800,000
Estimated Purchase Price
$2,590,000
Stamp Duty
$148,350
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$259,000
Reg. Mortgage
$129
LMI Premium
$81,042
Renovation Costs
-
Total Cash/Equity Required
$493,883
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,717
-$6,155
Interest Repayments
$153,846
$153,846
Net Cashflow Before Tax
-$158,563
-$160,001
Depreciation
-
-
Tax Offset
-$47,569
-$48,000
Net Cashflow After Tax
-$110,994
-$112,000
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,990,400
$5,405,932
Loan Balance
I.O
$2,331,000
$2,331,000
$659,400
$3,074,932
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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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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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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