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$1.05M
$177,407
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,090,000
Medium
$1,060,000
Low
$1,030,000
Confidence
Medium
Discover the perfect blend of space, comfort, and coastal living in this stylish, low-maintenance home on a 742 sqm block. Located in a tranquil cul-de-sac, this 220 sqm residence offers expansive family living and entertaining spaces. Conveniently positioned near Bentons Square Shopping Centre, parks, and schools, it's only a short drive to Main Street Mornington's shops, cafes, and beaches. Key features include a sunlit entertainer's deck, a 42-year-old Pinot Noir grapevine, and flexible living spaces. With four bedrooms, this property is ready to cater to your family's needs.
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80.7%
$980K
4.5%
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Try Picki for FREE$90,000
-$18,437
4.0%
Asking Price
$1,050,000
Estimated Purchase Price
$970,000
Stamp Duty
$53,350
Transfer Fee
$2,376
Conveyancing
$1,196
Deposit (10%)
$97,000
Reg. Mortgage
$129
LMI Premium
$27,658
Renovation Costs
-
Total Cash/Equity Required
$182,258
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,280
$45,080
Interest Repayments
$57,618
$57,618
Net Cashflow Before Tax
-$26,338
-$12,538
Depreciation
-
-
Tax Offset
-$7,901
-$3,761
Net Cashflow After Tax
-$18,437
-$8,776
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,132,080
$2,046,531
Loan Balance
I.O
$873,000
$873,000
$259,080
$1,173,531
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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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Trusted by over 13,000 property buyers and counting...
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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
