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$885K
$169,310
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
This captivating two-bedroom, two-bathroom holiday retreat sits on an expansive 1133m2 elevated block with a generous 38.2m frontage. It features a cottage-style home offering panoramic views, a semi-enclosed balcony, and a large undercroft for storage. The property is currently leased until March 2025, making it an attractive investment or potential vacation home.
Trusted by over 13k property buyers and counting...
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68.1%
$830K
3.8%
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Try Picki for FREE-$125,000
-$29,335
2.3%
Asking Price
$885,000
Estimated Purchase Price
$950,000
Stamp Duty
$40,041
Transfer Fee
$393
Conveyancing
$1,535
Deposit (10%)
$95,000
Reg. Mortgage
$203
LMI Premium
$27,088
Renovation Costs
-
Total Cash/Equity Required
$164,810
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.2% PA
$1,791
$2,549
Rates
+3.0% PA
$1,821
$2,376
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
$14,523
$21,326
Interest Repayments
$56,430
$56,430
Net Cashflow Before Tax
-$41,907
-$35,104
Depreciation
-
-
Tax Offset
-$12,572
-$10,531
Net Cashflow After Tax
-$29,335
-$24,573
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Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$855,000
$855,000
$26,100
$737,819
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2021 Population
Suburbs
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
