$2.3M
$492,901
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Try Picki for FREEConfidence
Medium
High
$2,400,000
Medium
$2,100,000
Low
$1,800,000
Confidence
Low
Embrace a dream country retreat on 1.65 acres at Cloudbreak, where style meets serenity. This property boasts a stunning main residence and a separate guest cottage. The main home showcases high-end renovations, like a sunken living area with a stone fireplace, and a chef's kitchen equipped with an eight-burner Smeg range. Enjoy panoramic views and a wraparound veranda. Outdoors, relax by the lake in a picturesque gazebo or entertain in the sophisticated stone chimney area. Extensive gardens with automated irrigation and private water supply ensure vibrant greenery. The property features a three-car garage, workshop, glasshouse, app-operated security, and offers short settlement terms.
Trusted by over 13k property buyers and counting...
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86.3%
$785K
3%
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Try Picki for FREE-$375,000
-$79,414
1.7%
Asking Price
$2,300,000
Estimated Purchase Price
$2,475,000
Stamp Duty
$140,875
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$247,500
Reg. Mortgage
$129
LMI Premium
$77,444
Renovation Costs
-
Total Cash/Equity Required
$471,309
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,566
$2,043
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
$33,566
$48,347
Interest Repayments
$147,015
$147,015
Net Cashflow Before Tax
-$113,449
-$98,668
Depreciation
-
-
Tax Offset
-$34,035
-$29,600
Net Cashflow After Tax
-$79,414
-$69,067
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,242,800
$4,054,449
Loan Balance
I.O
$2,227,500
$2,227,500
$15,300
$1,826,949
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
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