$849K
$162,109
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Try Picki for FREEConfidence
High
High
$959,000
Medium
$849,000
Low
$739,000
Confidence
Medium
Experience island life in this stunning four-bedroom, two-bathroom home situated on a 2,065m² block with breathtaking views of natural bushland and proximity to the beach. Built in 2013, this sustainable residence offers a peaceful retreat with big verandas for year-round entertaining, a beautifully designed open-plan living and dining area with Sydney blue gum floors, and a master suite with private courtyard access. Additional features include fan forced wood fire heating, a four-car garage, a large workshop, solar panels, and abundant water storage. This idyllic sanctuary offers both privacy and the convenience of being close to the Augusta townsite and the Margaret River Wine Region.
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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
0%
69.3%
$488K
5.2%
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Try Picki for FREE-$65,000
-$26,877
2.6%
Asking Price
$849,000
Estimated Purchase Price
$915,000
Stamp Duty
$38,238
Transfer Fee
$393
Conveyancing
$1,535
Deposit (10%)
$91,500
Reg. Mortgage
$203
LMI Premium
$26,090
Renovation Costs
-
Total Cash/Equity Required
$158,509
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.2% PA
$1,919
$2,731
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
$15,955
$23,364
Interest Repayments
$54,351
$54,351
Net Cashflow Before Tax
-$38,396
-$30,987
Depreciation
-
-
Tax Offset
-$11,519
-$9,296
Net Cashflow After Tax
-$26,877
-$21,691
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$823,500
$823,500
$84,300
$817,586