$600K
$111,562
"Welcome to 8 Dotterel Close, Blind Bight a delightful 3bedroom home on a spacious 703m block, offering a comfortable and relaxed lifestyle in a peaceful coastal community. The home features three wellsized bedrooms, making it perfect for families. Stay cozy in the cooler months with the woodfire heater, and enjoy yearround comfort with split system air conditioning and ceiling fans. While the covered verandah provides a cozy spot for a morning coffee or quiet relaxation, the expansive backyard offers plenty of space for kids to play, gardening, or outdoor projects. For extra convenience, the property includes a secure lockup carport, a double garage, and additional storage areas, providing ample room for vehicles, tools, and equipment. Located just a short walk from the local general store, pier, and playground, this home offers a tranquil, familyfriendly environment with essential amenities close by. grass has been enhanced for photography Dont miss the opportunity to secure this charming coastal retreat. Contact us today to arrange an inspection"
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88.7%
$640K
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$40,000
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-12.5%
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Asking Price
$640,000
Estimated Purchase Price
$640,000
Stamp Duty
$33,470
Transfer Fee
$1,603
Conveyancing
$1,196
Deposit (10%)
$64,000
Reg. Mortgage
$129
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$119,197
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,567
$2,045
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
$16,766
$24,436
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$21,250
-$13,580
Depreciation
-
-
Tax Offset
-$6,375
-$4,074
Net Cashflow After Tax
-$14,875
-$9,506
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$576,000
$576,000
$150,240
$736,869
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 12.0%
Construction - 10.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price