$795K
$151,289
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High
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Medium
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Low
-
Confidence
Nestled in a prime location opposite lush parklands and a vast walkcycle trail, this newly built three-bedroom villa offers both luxury and simplicity. Just minutes from the heart of Margaret River and its vibrant offerings, it is an appealing choice for the perfect lock-and-leave home or rental investment. The villa boasts high-end finishes, including lush carpets, stone benchtops, ducted AC, and elegant window treatments. Enjoy outdoor living with a private east-facing patio, a master suite courtyard, and beautiful, fenced gardens. Additional features include a double lock-up garage, ample storage, and a 2500L rainwater tank.
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78%
$660K
5.5%
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Try Picki for FREE-$90,000
-$17,699
4.0%
Asking Price
$795,000
Estimated Purchase Price
$855,000
Stamp Duty
$35,148
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$85,500
Reg. Mortgage
$203
LMI Premium
$24,379
Renovation Costs
-
Total Cash/Equity Required
$147,688
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+8.2% PA
$2,772
$3,945
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
$25,502
$36,953
Interest Repayments
$50,787
$50,787
Net Cashflow Before Tax
-$25,285
-$13,834
Depreciation
-
-
Tax Offset
-$7,585
-$4,150
Net Cashflow After Tax
-$17,699
-$9,684
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$817,020
$1,476,978
Loan Balance
I.O
$769,500
$769,500
$47,520
$707,478
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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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projected
for 2024 to 2026
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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