$420K
$74,517
"Dreaming of waking up to the soothing sounds of waves crashing against the shore Look no further This modern home in Golden Beach offers the ultimate coastal lifestyle just a stones throw away from the pristine Ninety Mile Beach. Step into this lightfilled modern residence and discover a thoughtfully designed layout for comfort and beachside living. Its simply movein ready, promising instant relaxation and enjoyment. Featuring three bedrooms with builtin robes, including a master suite boasting an ensuite with a walkin shower and tiled niche, and soak away your stresses in the spacious family bathrooms large bath. Entertaining is a breeze in the openplan kitchen, meals, and family room, complete with a splitsystem air conditioner for yearround comfort. From the openplan zone, step outside to the inviting alfresco area. Convenience meets practicality with a single garage offering internal access, while the lowmaintenance yard ensures more time for seaside adventures. Whether youre seeking a permanent sea change, a holiday retreat, or a shortterm rental opportunity, this Golden Beach gem has it all Disclaimer Prospective purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. For a Due Diligence Checklist go to httpwww.consumer.vic.gov.auduediligencechecklist"
Below are some similar properties in the area you may be interested in.
-
85%
$365K
4.6%
-$10,000
-$9,065
4.2%
2.6%
-13.3%
6.0%
Asking Price
$385,000
Estimated Purchase Price
$385,000
Stamp Duty
$18,170
Transfer Fee
$1,007
Conveyancing
$1,196
Deposit (10%)
$38,500
Reg. Mortgage
$129
LMI Premium
$8,511
Renovation Costs
-
Total Cash/Equity Required
$68,062
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,120
$22,944
Property Management
+7.7% PA
$1,241
$1,767
Rates
+3.0% PA
$1,695
$2,212
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
$9,919
$14,705
Interest Repayments
$22,869
$22,869
Net Cashflow Before Tax
-$12,950
-$8,164
Depreciation
-
-
Tax Offset
-$3,885
-$2,449
Net Cashflow After Tax
-$9,065
-$5,714
Assumptions
Year 1
Year 10
Property Value
6.8%
$400,500
$724,009
Loan Balance
I.O
$346,500
$346,500
$54,000
$377,509
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply