$850K
$159,276
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Try Picki for FREEConfidence
High
High
$925,000
Medium
$875,000
Low
$825,000
Confidence
Medium
Experience the best of coastal living with this modern home offering a charming setting on a quiet corner in Arthurs Seat. The property boasts a northerly view extending to Port Phillip Bay, perfect for enjoying tranquil sunsets. Designed for low-maintenance living, it features a ground floor master suite suited for those seeking minimal stairs. With outdoor living spaces like an upper-level balcony and a ground-level deck, this residence is perfect for entertaining. The home includes a modern kitchen, multiple living areas, and is close to nature trails and local amenities. Just a short drive from the beach and McCrae Plaza, it combines convenience with a scenic retreat.
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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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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
Below are some similar properties in the area you may be interested in.
0%
77.3%
$775K
4.4%
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-$21,206
3.3%
Asking Price
$875,000
Estimated Purchase Price
$875,000
Stamp Duty
$47,570
Transfer Fee
$2,153
Conveyancing
$1,196
Deposit (10%)
$87,500
Reg. Mortgage
$129
LMI Premium
$24,950
Renovation Costs
-
Total Cash/Equity Required
$164,047
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,681
$31,418
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$30,294
-$20,557
Depreciation
-
-
Tax Offset
-$9,088
-$6,167
Net Cashflow After Tax
-$21,206
-$14,390
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$787,500
$787,500
$147,000
$901,854