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$600K
$88,203
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Try Picki for FREEConfidence
High
High
$760,000
Medium
$720,000
Low
$680,000
Confidence
Not Applicable
This property features stunning ocean views and prime location directly opposite the Bowling club. The beautiful 3-bedroom, 1-bathroom design is situated on a spacious lot with drive-through access to a large powered workshop including its own toilet, shower, and work sink, perfect for the handyman or beach enthusiast. The home showcases quality construction with real wood skirtings and door frames and offers many comforts like ducted air conditioning. It includes a separate lounge, a spacious kitchen and meals area, roomy bedrooms, and a lovely paved courtyard. Experience the Shoalwater beach lifestyle with this unique offering.
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 14.0%
Education and Training - 13.0%
Public Administration and Safety - 12.0%
Others - 45.0%
Average Income
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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.
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
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0%
68.9%
$863K
3.6%
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Try Picki for FREE$165,000
-$26,798
-
Asking Price
$600,000
Estimated Purchase Price
$555,000
Stamp Duty
$20,378
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$55,500
Reg. Mortgage
$203
LMI Premium
$12,269
Renovation Costs
-
Total Cash/Equity Required
$90,747
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,611
$2,102
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
-$5,316
-$6,936
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$38,283
-$39,903
Depreciation
-
-
Tax Offset
-$11,485
-$11,971
Net Cashflow After Tax
-$26,798
-$27,932
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$499,500
$499,500
$269,460
$890,597
