$749K
$118,966
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Try Picki for FREEConfidence
High
High
$750,000
Medium
$680,000
Low
$620,000
Confidence
Medium
This property offers a unique investment potential in a desirable coastal area with impressive lifestyle benefits. The home features three bedrooms, one bathroom, and comfortable living spaces including separate kitchen, dining, and lounge areas. Situated on a spacious 1658sqm block with a large rear yard, the property presents opportunities for renovation, new development, or enjoying the existing coastal lifestyle. While the adjoining block has a decommissioned pool, the main property includes an extensive undercover lockup carport and bore reticulation for easy gardening. Located in a quiet cul-de-sac in Two Rocks, it offers proximity to local amenities like the marina and shopping center.
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73.5%
$550K
5.2%
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Try Picki for FREE$10,000
-$13,196
4.3%
Asking Price
-
Estimated Purchase Price
$670,000
Stamp Duty
$25,840
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$67,000
Reg. Mortgage
$203
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$114,565
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
$39,798
$39,798
Net Cashflow Before Tax
-$18,851
-$9,355
Depreciation
-
-
Tax Offset
-$5,655
-$2,806
Net Cashflow After Tax
-$13,196
-$6,548
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$603,000
$603,000
$123,240
$709,869
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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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
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