$675K
$125,876
"Introducing 17 Blue Water Avenue, the ultimate fully furnished coastal paradise Nestled just moments away from the pristine beachfront, this spectacular residence offers the ideal blend of luxury living and unbeatable convenience. With its meticulously crafted design and an array of upscale features, this 4bedroom, 2bathroom haven is truly a masterpiece. Highlight features include, split system heating and cooling, dishwasher and quality fixtures and fittings thoughout. Step out onto the north facing outdoor entertaining area, to enjoy the sunshine, or the firepit area on those balmy evenings Imagine starting your day with a leisurely 1minute stroll to the sandy shores or effortlessly picking up essentials from the nearby local supermarket. This property makes for a beautiful coastal home or even a holiday home rental Located in the heart of the best that this beachside community has to offer, 17 Blue Water Avenue promises a life of relaxation, beauty, and coastal charm. Embrace a lifestyle of coastal sophistication. For a Due Diligence Checklist go to consumer.vic.gov.auduediligencechecklist, or call us on 03 5144 4333"
Below are some similar properties in the area you may be interested in.
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85%
$365K
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+
9.2%
7.8%
7.0%
6.0%
Asking Price
$675,000
Estimated Purchase Price
$675,000
Stamp Duty
$35,570
Transfer Fee
$1,685
Conveyancing
$1,196
Deposit (10%)
$67,500
Reg. Mortgage
$129
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$125,876
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
$1,695
$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
$52,635
$75,504
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
$12,540
$35,409
Depreciation
-
-
Tax Offset
$3,762
$10,623
Net Cashflow After Tax
$8,778
$24,786
Assumptions
Year 1
Year 10
Property Value
6.8%
$245,640
$444,059
Loan Balance
I.O
$607,500
$607,500
-$361,860
-$163,441
Did you know you need to engage a conveyancer when buying a property?
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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