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Withheld
$544,396
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Try Picki for FREEConfidence
High
High
$3,600,000
Medium
$3,200,000
Low
$2,800,000
Confidence
Medium
This luxurious residence in the Gnarabup precinct of Margaret River offers breathtaking ocean views and top-quality features. Situated on a 1204m2 land area, the home has a 241m2 floor area, encompassing three bedrooms, three bathrooms, a private study, and impressive amenities like a heated lap pool and a 6kw solar panel system. With stunning vistas from both levels, including the master bedroom's private balcony, and a unique marble stone wall offering privacy, this property promises elegance and comfort. Ideal for immediate occupancy or as a successful short stay accommodation business.
Trusted by over 13k property buyers and counting...
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71.3%
$1.05M
3.7%
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Try Picki for FREE-$645,000
-$123,645
1.6%
Asking Price
$3,800,000
Estimated Purchase Price
$3,845,000
Stamp Duty
$189,133
Transfer Fee
$953
Conveyancing
$1,535
Deposit (10%)
$384,500
Reg. Mortgage
$203
LMI Premium
$120,312
Renovation Costs
-
Total Cash/Equity Required
$697,186
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+8.2% PA
$5,117
$7,283
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
$51,757
$74,322
Interest Repayments
$228,393
$228,393
Net Cashflow Before Tax
-$176,636
-$154,071
Depreciation
-
-
Tax Offset
-$52,991
-$46,221
Net Cashflow After Tax
-$123,645
-$107,850
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$3,417,600
$6,178,208
Loan Balance
I.O
$3,460,500
$3,460,500
-$42,900
$2,717,708
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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
