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$600K
$88,203
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
This spacious 3-bedroom home, set on an elevated 511m2 block, offers stunning ocean views and the serenity of a quiet location opposite a park. Built in 2012, the home exudes charm with its appealing front facade and verandah. Featuring an open-plan living area, the property includes quality carpets, hybrid flooring, and modern kitchen amenities. The master bedroom is king-sized with walk-in robes and an ensuite, while two additional bedrooms provide ample space. The home benefits from 2x split system air conditioning, a solar hot water system, and a large loft storage area. Located in the vibrant Capricorn Development, this property is within walking distance to essential amenities and only a short drive to key transport links.
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69.7%
$665K
4.8%
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Try Picki for FREE$35,000
-$11,154
4.7%
Asking Price
$699,000
Estimated Purchase Price
$645,000
Stamp Duty
$24,653
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$64,500
Reg. Mortgage
$203
LMI Premium
$18,391
Renovation Costs
-
Total Cash/Equity Required
$110,165
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+8.2% PA
$2,473
$3,520
Rates
+3.0% PA
$1,603
$2,092
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
$22,379
$32,481
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$15,934
-$5,832
Depreciation
-
-
Tax Offset
-$4,780
-$1,750
Net Cashflow After Tax
-$11,154
-$4,082
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$580,500
$580,500
$145,740
$732,369
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Education and Training - 12.0%
Manufacturing - 9.0%
Others - 50.0%
Average Income
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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
