$1.1M
$225,507
"Set on a low maintenance block of approx. 908m2, this unique multi level home is tucked into the treetops and just 30 metres from beach access. No roads to cross between you and the sea Cleverly designed to connect with the coastal environment with huge areas of glass to flood the home with natural light and frame the stunning treed outlook, and multiple decks allowing the interior to spill outside. The soaring timber lined ceiling creates a wonderful feeling of space in the living room, bathed in sunlight and opening out to decks on three sides. Warm in winter with a wood heater, and cool in summer with RCAC and the sea breeze. Well appointed kitchen is the heart of the home with a gas hob, underbench oven and servery to dining area. Two large fitted bedrooms on this level, both with adjoining decks, plus the family bathroom laundry and separate w.c. The master suite is the crowning glory, offering complete privacy on the upper floor with expansive views and ensuite bathroom. The perfect retreat to listen to the sea. Outside, the bush block requires minimal upkeep, has parking for multiple cars with a semicircular driveway, under home storage and water tank. Relax, recharge and connect with nature."
Below are some similar properties in the area you may be interested in.
-
93.8%
-
-
-$635,000
-$37,849
2.0%
1.4%
-16.8%
6.0%
Asking Price
$1,100,000
Estimated Purchase Price
$1,185,000
Stamp Duty
$65,175
Transfer Fee
$2,879
Conveyancing
$1,196
Deposit (10%)
$118,500
Reg. Mortgage
$129
LMI Premium
$37,079
Renovation Costs
-
Total Cash/Equity Required
$225,507
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
$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
$16,319
$23,853
Interest Repayments
$70,389
$70,389
Net Cashflow Before Tax
-$54,070
-$46,536
Depreciation
-
-
Tax Offset
-$16,221
-$13,961
Net Cashflow After Tax
-$37,849
-$32,575
Assumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$1,066,500
$1,066,500
-$479,100
-$4,621
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