$1.1M
$214,119
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High
-
Medium
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Low
-
Confidence
This exceptional single-storey home on Paperbark Grove in Margaret River embodies elegance and contemporary luxury. It features a sophisticated interior with seamless flow, merging indoor and outdoor spaces. Key features include a gourmet kitchen with premium appliances, an impressive sunken lounge with a bar and built-in office nook, and a magnificent main bedroom suite with luxury amenities. Outdoor spaces offer a Mediterranean aesthetic with recycled brickwork and an open fireplace. This sanctuary for luxury living ensures comfort, style, and functionality, close to the town center and local attractions.
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76.2%
$750K
4.4%
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Try Picki for FREE-$145,000
-$27,663
3.3%
Asking Price
$1,095,000
Estimated Purchase Price
$1,175,000
Stamp Duty
$51,628
Transfer Fee
$433
Conveyancing
$1,535
Deposit (10%)
$117,500
Reg. Mortgage
$203
LMI Premium
$36,766
Renovation Costs
-
Total Cash/Equity Required
$208,615
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
$69,795
$69,795
Net Cashflow Before Tax
-$39,519
-$26,048
Depreciation
-
-
Tax Offset
-$11,856
-$7,814
Net Cashflow After Tax
-$27,663
-$18,233
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$1,057,500
$1,057,500
$42,540
$931,111
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 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
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