$599K
$90,747
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$590,000
Low
$540,000
Confidence
Medium
Discover your perfect coastal home in Two Rocks. Nestled in a serene setting, this property blends modern comfort with seaside charm. Relax on full-length verandahs and enjoy garden views from every room. The home features comprehensive insulation, ceiling fans, reverse cycle air conditioning, and a rainwater tank. A newly installed septic system, a spacious open-concept layout, and large windows enrich the space. The double gate access accommodates a boat and caravan, with room for a large workshop. A remote-controlled garage offers ample storage. Conveniently located near beaches, parks, and amenities, this home represents a rare opportunity in Two Rocks.
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76.9%
$555K
5.4%
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Try Picki for FREE$20,000
-$9,038
5.0%
Asking Price
$599,000
Estimated Purchase Price
$570,000
Stamp Duty
$21,090
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$57,000
Reg. Mortgage
$203
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$96,944
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.2% PA
$2,345
$3,338
Rates
+3.0% PA
$1,603
$2,092
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
$20,947
$30,443
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$12,911
-$3,415
Depreciation
-
-
Tax Offset
-$3,873
-$1,024
Net Cashflow After Tax
-$9,038
-$2,390
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$513,000
$513,000
$117,120
$626,107
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
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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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