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$699K
$109,285
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Try Picki for FREEConfidence
High
High
$730,000
Medium
$680,000
Low
$630,000
Confidence
Medium
Discover a delightful 3-bedroom, 2-bathroom home on a spacious 800m2 coastal block. This property features a large powered workshop, ample parking, and attractive street appeal with its limestone-look courtyard. Inside, find a lovely open plan kitchen and family room with a wood fire, split air conditioning, and solid wooden floors. The home offers multiple living spaces, fresh paint, LED lighting, CCTV security, and energy-efficient solar panels. Outdoor living is a delight with a large patio, a timber decked gazebo, and a chicken coop. Currently tenanted until April, this home is perfect for families and investors alike.
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64.8%
$635K
4.5%
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Try Picki for FREE$15,000
-$12,988
4.3%
Asking Price
$699,000
Estimated Purchase Price
$665,000
Stamp Duty
$25,603
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$66,500
Reg. Mortgage
$203
LMI Premium
$18,962
Renovation Costs
-
Total Cash/Equity Required
$113,685
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
$39,501
$39,501
Net Cashflow Before Tax
-$18,554
-$9,058
Depreciation
-
-
Tax Offset
-$5,566
-$2,717
Net Cashflow After Tax
-$12,988
-$6,341
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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
$598,500
$598,500
$127,740
$714,369
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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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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
