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$1.4M
$269,016
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,600,000
Medium
$1,400,000
Low
$1,200,000
Confidence
Medium
Discover an idyllic two-bedroom retreat nestled between Margaret River town and the majestic coastline. This property is uniquely positioned to offer easy access to both town amenities and beautiful beaches. Enjoy captivating views from the veranda overlooking the national park, with over 1 hectare of mostly cleared land offering ample space for creativity and development. A clever bund ensures privacy, while an innovative creek-style channel bolsters water resources, promising lush surroundings year-round. Perfect for diverse uses, from a permanent home to holiday accommodation, this opportunity in the sought-after Margaret River area is ripe with potential. Arrange a private inspection to explore this charming coastal gem.
Trusted by over 13k property buyers and counting...
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76.5%
$1.83M
2.1%
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Try Picki for FREE-$70,000
-$24,893
4.2%
Asking Price
$1,400,000
Estimated Purchase Price
$1,470,000
Stamp Duty
$66,821
Transfer Fee
$493
Conveyancing
$1,535
Deposit (10%)
$147,000
Reg. Mortgage
$203
LMI Premium
$45,997
Renovation Costs
-
Total Cash/Equity Required
$262,598
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+8.2% PA
$5,117
$7,283
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
$51,757
$74,322
Interest Repayments
$87,318
$87,318
Net Cashflow Before Tax
-$35,561
-$12,996
Depreciation
-
-
Tax Offset
-$10,668
-$3,899
Net Cashflow After Tax
-$24,893
-$9,097
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,323,000
$1,323,000
$172,200
$1,379,966
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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 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
