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$840K
$141,145
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Try Picki for FREEConfidence
Medium
High
$880,000
Medium
$810,000
Low
$740,000
Confidence
Low
Welcome to 31 Bayley Drive, Avenel—a newly built Hamptons-style home that captures attention with its elegant façade and plantation shutters. Positioned on a spacious 2054m2 plot, this property boasts manicured gardens, lush lawns, and a paving perimeter. Step inside to discover a home filled with northeast sunlight and a calming neutral palette that highlights distinctive flooring. The master suite truly defines luxury living with a sizable ensuite, separate toilet, and expansive walk-in wardrobe. Be captivated by the designer kitchen, complete with a large island for gatherings, as well as a butler's pantry that cleverly combines function and style. The open-plan living area gracefully connects to an alfresco space, perfect for tranquil retreats. Benefiting from upgraded insulation, double-glazed windows, ducted heating, refrigerated cooling, and a 6.8-star energy rating, this home epitomizes modern comfort. Effortless access to the town's amenities complements this exquisite package.
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82.5%
$340K
6.9%
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Try Picki for FREE$35,000
-$20,655
3.0%
Asking Price
$840,000
Estimated Purchase Price
$775,000
Stamp Duty
$41,570
Transfer Fee
$1,919
Conveyancing
$1,196
Deposit (10%)
$77,500
Reg. Mortgage
$129
LMI Premium
$22,098
Renovation Costs
-
Total Cash/Equity Required
$144,962
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,805
$2,355
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
$16,528
$24,126
Interest Repayments
$46,035
$46,035
Net Cashflow Before Tax
-$29,507
-$21,909
Depreciation
-
-
Tax Offset
-$8,852
-$6,573
Net Cashflow After Tax
-$20,655
-$15,336
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$865,080
$1,563,859
Loan Balance
I.O
$697,500
$697,500
$167,580
$866,359
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
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
