$160K
$27,096
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Try Picki for FREEConfidence
Medium
High
$176,000
Medium
$160,000
Low
$144,000
Confidence
Not Applicable
Discover a unique opportunity on Molloy Island, a private sanctuary accessible only by its owners and visitors. This 1,923 sqM block on Hale Avenue offers the tranquil experience of island life, surrounded by lush natural bushland. The slightly sloped lot is ideal for a north-facing home, offering warmth and stunning views of nature. Engage in outdoor trails, river fishing, or simply relish the serene environment. Priced competitively for a swift sale, this property promises a peaceful retreat.
Trusted by over 13k property buyers and counting...
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69.3%
$488K
5.2%
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Try Picki for FREE-$10,000
-$10,937
-
Asking Price
$160,000
Estimated Purchase Price
$170,000
Stamp Duty
$3,895
Transfer Fee
$233
Conveyancing
$1,535
Deposit (10%)
$17,000
Reg. Mortgage
$203
LMI Premium
$2,905
Renovation Costs
-
Total Cash/Equity Required
$26,321
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,821
$2,376
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,526
-$7,210
Interest Repayments
$10,098
$10,098
Net Cashflow Before Tax
-$15,624
-$17,308
Depreciation
-
-
Tax Offset
-$4,687
-$5,192
Net Cashflow After Tax
-$10,937
-$12,116
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$170,880
$308,910
Loan Balance
I.O
$153,000
$153,000
$17,880
$155,910
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2021 Population
Suburbs
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
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