$329K
$57,634
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
Medium
High
$440,000
Medium
$380,000
Low
$320,000
Confidence
Not Found
A unique chance to own one of the last waterfront lots on Molloy Island. This 1,585m2 north-facing block boasts direct water access and is slightly sloped, ideal for building a dream home. Nestled among quality homes, residents enjoy a private waterway, perfect for fishing, boating, and waterskiing right from your doorstep. Embrace a serene lifestyle with endless adventures. Don't miss this rare opportunity.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
69.3%
$488K
5.2%
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$25,000
-$18,629
-
Asking Price
$329,000
Estimated Purchase Price
$355,000
Stamp Duty
$10,925
Transfer Fee
$273
Conveyancing
$1,535
Deposit (10%)
$35,500
Reg. Mortgage
$203
LMI Premium
$7,848
Renovation Costs
-
Total Cash/Equity Required
$56,834
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
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
-$5,526
-$7,210
Interest Repayments
$21,087
$21,087
Net Cashflow Before Tax
-$26,613
-$28,297
Depreciation
-
-
Tax Offset
-$7,984
-$8,489
Net Cashflow After Tax
-$18,629
-$19,808
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%
$405,840
$733,662
Loan Balance
I.O
$319,500
$319,500
$86,340
$414,162
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
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
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 FREEAverage 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 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