$689K
$105,765
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
Charming 3-bedroom, 1-bathroom home in the desirable Old Lagoon area, set on a spacious 822m2 block. Enjoy coastal living with easy access to the beach and local amenities. Light-filled interiors feature bamboo flooring, updated paintwork, and a cosy wood fireplace. The master bedroom includes a semi-ensuite and outdoor access. Outdoor features include a patio, brick storeroom, and ample secure parking. Ideally located near schools, parks, and public transport, this home offers a peaceful lifestyle with modern convenience. Perfect as a holiday getaway, investment, or permanent residence.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
75%
$620K
5.3%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$45,000
-$10,738
4.8%
Asking Price
$689,000
Estimated Purchase Price
$635,000
Stamp Duty
$24,178
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$63,500
Reg. Mortgage
$203
LMI Premium
$18,106
Renovation Costs
-
Total Cash/Equity Required
$108,405
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+8.2% PA
$2,473
$3,520
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
$22,379
$32,481
Interest Repayments
$37,719
$37,719
Net Cashflow Before Tax
-$15,340
-$5,238
Depreciation
-
-
Tax Offset
-$4,602
-$1,571
Net Cashflow After Tax
-$10,738
-$3,666
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$571,500
$571,500
$154,740
$741,369
Below are some similar properties in the area you may be interested in.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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