Withheld
$109,285
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Experience beachside living just metres from the water in this charming 3-bedroom, 1-bathroom home. Boasting a unique beachy style with open-plan layout, this house features a gabled timber ceiling, timber-look flooring, and modern touches like stone benchtops in the renovated kitchen. Stay comfortable with ducted evaporative air conditioning and a split system unit. Enjoy outdoor living with a private patio, large yard, and a grapevine for shade. Located in a quiet cul-de-sac, this property offers extensive parking and backs onto a bush reserve for a scenic outlook. With local development projects such as a new train station fueling area growth, this home presents a promising opportunity for investors and homeowners alike.
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70.9%
$772K
4.2%
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Try Picki for FREE$10,000
-$10,946
4.7%
Asking Price
-
Estimated Purchase Price
$640,000
Stamp Duty
$24,415
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$64,000
Reg. Mortgage
$203
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$109,285
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
$38,016
$38,016
Net Cashflow Before Tax
-$15,637
-$5,535
Depreciation
-
-
Tax Offset
-$4,691
-$1,660
Net Cashflow After Tax
-$10,946
-$3,874
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$576,000
$576,000
$118,200
$678,948
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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