$800K
$155,789
Confidence
Medium
High
$850,000
Medium
$800,000
Low
$750,000
Confidence
Medium
"Sweeping ocean views across the golf course. This fabulous 4 bedroom 2 bathroom home has been built to enjoy the Horrocks Beach holiday lifestyle. The original beach shack has been renovated and extended to take advantage of this fabulous location. Down stairs is the double undercroft garage plus a bedroom with ensuite bathroom ideal as a guest suite. Upstairs and built to take advantage of the ocean views is the open plan living area, this area consists of the stunning modern quality chefs kitchen, dining and lounge with access to the front verandah overlooking the Indian Ocean. The kitchen has plenty of white modern cupboards and stone bench tops, 900mm stainless steel upright stove and a dishwasher. This living space has direct access to the protected rear curved patio which is another massive living area. The 3 bedrooms on this level are all spacious and boast fans and or air conditioning, and the master has mirrored robes. The bathroom is modern with a large walk in shower and double vanity. The laundry is also in the style of the bathroom and has a separate toilet. The patio area has more parking behind an auto garage door plus a fabulous shed. There is a viewing deck above the rear shed. This property has been priced to sell and is a must see for anyone looking for this lifestyle. The property is available fully furnished if required. Land size 809 sqm with 20.1 metre frontage Northampton Shire rates approximately 1,800 per annum Water rates approximately 280 per annum, deep sewer is not available"
-
86.4%
-
-
-$100,000
-$24,121
2.9%
2.1%
-15.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$800,000
Estimated Purchase Price
$900,000
Stamp Duty
$37,466
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$90,000
Reg. Mortgage
$203
LMI Premium
$25,662
Renovation Costs
-
Total Cash/Equity Required
$155,789
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+8.2% PA
$2,132
$3,035
Rates
+3.0% PA
$1,162
$1,516
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
$19,001
$27,621
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$34,459
-$25,839
Depreciation
-
-
Tax Offset
-$10,338
-$7,752
Net Cashflow After Tax
-$24,121
-$18,087
Assumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$810,000
$810,000
$44,400
$734,552
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
Agriculture, Forestry and Fishing - 26.0%
Accommodation and Food Services - 17.0%
Retail Trade - 10.0%
Education and Training - 9.0%
Others - 38.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price