$795K
$133,511
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Try Picki for FREEConfidence
High
High
$830,000
Medium
$795,000
Low
$760,000
Confidence
To be determined
This modern coastal home is located approximately 800 meters from Port Phillip Bay. It offers a spacious open plan living space with a contemporary interior, ideal for families or as an Airbnb investment. The single-storey design includes three bedrooms, with a master suite featuring an ensuite and built-in robe. The property boasts an entertainer's kitchen, outdoor alfresco BBQ area, and ample parking for boats or caravans. Additional features include ducted heating, evaporative cooling, and a double lock-up garage. Situated in Capel Sound, the home is close to reserves, schools, and amenities, providing a convenient and desirable lifestyle.
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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
Below are some similar properties in the area you may be interested in.
0%
63.3%
$603K
4.6%
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Try Picki for FREE$80,000
-$33,032
-
Asking Price
$795,000
Estimated Purchase Price
$715,000
Stamp Duty
$37,970
Transfer Fee
$1,779
Conveyancing
$1,196
Deposit (10%)
$71,500
Reg. Mortgage
$129
LMI Premium
$20,387
Renovation Costs
-
Total Cash/Equity Required
$133,511
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,717
-$6,155
Interest Repayments
$42,471
$42,471
Net Cashflow Before Tax
-$47,188
-$48,626
Depreciation
-
-
Tax Offset
-$14,156
-$14,588
Net Cashflow After Tax
-$33,032
-$34,038
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$849,060
$1,534,898
Loan Balance
I.O
$643,500
$643,500
$205,560
$891,398