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$580K
$112,517
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$580,000
Low
$520,000
Confidence
Medium
Experience the best of coastal living with this almost brand-new home near Lake Narracan. Revel in a spacious floorplan designed for comfort and style. The home boasts two living rooms, a high-end custom kitchen, and luxurious bathrooms with double vanities. With four bedrooms, including an exclusive master suite, there is ample room for family and guests. Enjoy ducted heating and a large split system for year-round comfort. Located at the end of a quiet road, this property is just 4km from the CBD, offering access to shops and restaurants.
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91.5%
$299K
9.8%
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Try Picki for FREE-$25,000
-$10,042
4.7%
Asking Price
$580,000
Estimated Purchase Price
$605,000
Stamp Duty
$31,370
Transfer Fee
$1,521
Conveyancing
$1,196
Deposit (10%)
$60,500
Reg. Mortgage
$129
LMI Premium
$17,251
Renovation Costs
-
Total Cash/Equity Required
$112,517
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
$1,542
$2,012
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
$21,591
$31,300
Interest Repayments
$35,937
$35,937
Net Cashflow Before Tax
-$14,346
-$4,637
Depreciation
-
-
Tax Offset
-$4,304
-$1,391
Net Cashflow After Tax
-$10,042
-$3,246
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$544,500
$544,500
$74,940
$575,300
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
