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$950K
$181,931
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High
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Medium
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Low
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Confidence
Discover a meticulously designed family home in Rapids Landing, just minutes from Margaret River. Offering spacious living areas adorned with a wood fire, a dedicated theater room, and a versatile multipurpose area, this residence focuses on quality and style. The gourmet kitchen features a stone island bench, quality appliances, and a butler's pantry. Enjoy exceptional outdoor living with an alfresco area and outdoor kitchen. The luxurious premier bedroom suite offers a private courtyard, expansive walk-in robe, and resort-style ensuite. The property includes three modern bedrooms, a garage with extra parking, and eco-friendly features like solar power and a rainwater tank.
Trusted by over 13k property buyers and counting...
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74.2%
$800K
4.4%
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Try Picki for FREE-$70,000
-$21,218
3.8%
Asking Price
$950,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$43,646
Transfer Fee
$413
Conveyancing
$1,535
Deposit (10%)
$102,000
Reg. Mortgage
$203
LMI Premium
$29,084
Renovation Costs
-
Total Cash/Equity Required
$177,431
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+8.2% PA
$3,198
$4,552
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
$30,276
$43,747
Interest Repayments
$60,588
$60,588
Net Cashflow Before Tax
-$30,312
-$16,841
Depreciation
-
-
Tax Offset
-$9,094
-$5,052
Net Cashflow After Tax
-$21,218
-$11,789
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$918,000
$918,000
$96,600
$916,155
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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
