$949K
$191,551
"On the market for the very first time this beautifully maintained holiday home will not disappoint. Located a short walk from Ned Neals the home offers the following features Open plan living with large areas of glass to bring the outside in. Cosy in winter with a wood heater, cool in summer with RCAC a place to enjoy no matter the season. Well appointed modern kitchen with a breakfast bar. 3 spacious fitted bedrooms. Modern bathroom. Laundry utility room and separate toilet. Solar and mains power. Beautiful established garden lawn areas. Outdoor entertaining. LU shed for the boat and all the beach toys. 835 m2 block The home is being sold furnished which means there is absolutely nothing to do here but arrive. Purchase now in readiness for the next holiday season. For more information please call Peter Bellingham or Wendy Gregson at Ray White Foster Ray White Sandy Point. Inspections are strictly by appointment."
Below are some similar properties in the area you may be interested in.
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93.8%
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-$475,000
-$31,996
2.1%
1.5%
-16.7%
6.0%
Asking Price
$949,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$56,100
Transfer Fee
$2,493
Conveyancing
$1,196
Deposit (10%)
$102,000
Reg. Mortgage
$129
LMI Premium
$29,084
Renovation Costs
-
Total Cash/Equity Required
$191,551
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$2,014
$2,628
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
$14,879
$21,804
Interest Repayments
$60,588
$60,588
Net Cashflow Before Tax
-$45,709
-$38,784
Depreciation
-
-
Tax Offset
-$13,713
-$11,635
Net Cashflow After Tax
-$31,996
-$27,149
Assumptions
Year 1
Year 10
Property Value
6.8%
$582,060
$1,052,226
Loan Balance
I.O
$918,000
$918,000
-$335,940
$134,226
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
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