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$1.5M
$271,722
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,210,000
Medium
$1,130,000
Low
$1,050,000
Confidence
Medium
This stunning beachside property offers breathtaking views over Westernport Bay to Phillip Island. The design blends effortless indoor-outdoor living, with a balcony terrace, open living spaces, a modern granite kitchen, and a fireside family room. Ideal for entertaining, it features a central bathroom, four bedrooms, and a luxurious ensuite. It's perfect for garden enthusiasts with a firepit area in tiered gardens. Located steps from the beach and village amenities, it includes split-system air conditioning, ceiling fans, hydronic heating, an extra-large double garage, and extensive parking.
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91.4%
$1.33M
3.2%
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Try Picki for FREE-$390,000
-$39,626
2.7%
Asking Price
$1,590,000
Estimated Purchase Price
$1,520,000
Stamp Duty
$83,600
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$152,000
Reg. Mortgage
$129
LMI Premium
$47,561
Renovation Costs
-
Total Cash/Equity Required
$288,652
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
$1,452
$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
$33,680
$48,496
Interest Repayments
$90,288
$90,288
Net Cashflow Before Tax
-$56,608
-$41,792
Depreciation
-
-
Tax Offset
-$16,982
-$12,538
Net Cashflow After Tax
-$39,626
-$29,254
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,206,840
$2,181,680
Loan Balance
I.O
$1,368,000
$1,368,000
-$161,160
$813,680
Location, 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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
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