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$1.45M
$271,722
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Medium
This bespoke, beachside, single-level home offers a luxurious, low-maintenance lifestyle. Custom-built with four bedrooms and two bathrooms, it features a grand master suite, a northerly guest wing, and multiple living areas, including formal and alfresco spaces. The kitchen boasts prestige appliances and connects to outdoor living spaces. The home combines classic coastal style with modern conveniences like solar power, CCTV, and a central heating system. Located within an hour of Melbourne, it's close to Craigie Beach, the Yacht Club, and local schools, offering a unique coastal living opportunity.
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87.6%
$943K
4.7%
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Try Picki for FREE-$130,000
-$32,840
3.7%
Asking Price
$1,600,000
Estimated Purchase Price
$1,680,000
Stamp Duty
$92,400
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$168,000
Reg. Mortgage
$129
LMI Premium
$52,568
Renovation Costs
-
Total Cash/Equity Required
$318,458
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,878
$75,821
Interest Repayments
$99,792
$99,792
Net Cashflow Before Tax
-$46,914
-$23,971
Depreciation
-
-
Tax Offset
-$14,074
-$7,191
Net Cashflow After Tax
-$32,840
-$16,779
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,512,000
$1,512,000
$143,400
$1,480,569
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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
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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
