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$880K
$157,367
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Try Picki for FREEConfidence
High
High
$980,000
Medium
$950,000
Low
$920,000
Confidence
Medium
Luxurious four-bedroom home near Dromana Beach offers effortless coastal living with low maintenance. Features spacious living areas, elegant indoor-outdoor flow, sundrenched alfresco deck, top-tier finishes, and a true chef's kitchen. The property is close to Dromana Shopping Village, Primary School, Arthurs Seat, and Red Hill hinterland. Includes split system heating and cooling, a secondary lounge, a dedicated laundry, and a double garage. No body corporate fees, on its own title.
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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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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
3%
74.8%
$828K
4.3%
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Try Picki for FREE$30,000
-$12,998
4.8%
Asking Price
$950,000
Estimated Purchase Price
$920,000
Stamp Duty
$50,270
Transfer Fee
$2,259
Conveyancing
$1,196
Deposit (10%)
$92,000
Reg. Mortgage
$129
LMI Premium
$26,233
Renovation Costs
-
Total Cash/Equity Required
$172,636
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$36,080
$51,912
Interest Repayments
$54,648
$54,648
Net Cashflow Before Tax
-$18,568
-$2,736
Depreciation
-
-
Tax Offset
-$5,571
-$821
Net Cashflow After Tax
-$12,998
-$1,915
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$828,000
$828,000
$186,600
$1,006,155
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