Your Coastal Escape Awaits At 58 Parnella Drive, Stieglitz Stieglitz TAS
Key property facts for your initial investment assessment.
- Bedrooms
- 3
- Bathrooms
- 2
- Car spaces
- 1
- Cadastral area
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Your Coastal Escape Awaits At 58 Parnella Drive, Stieglitz Stieglitz TAS Investor Report
Your Coastal Escape Awaits At 58 Parnella Drive, Stieglitz Stieglitz TAS is modelled as a lower-yield 3-bedroom, 2-bathroom property that is materially negatively geared under the current assumptions.
Investment snapshot
Key takeaway
At a purchase price of AUD 580,000 and estimated rent of AUD 435 per week, this scenario produces an estimated gross yield of 3.9% and after-tax cash flow of -AUD 185 per week.
Loss-recovery target: $822,577 (41.82% value lift).
Investment Cashflow Outlook
A compact view of year-one cashflow, long-term losses and the growth needed to recover them.
In Year 1, the property is projected at -$16,472 before tax. Across 20 years, accumulated pre-tax cash flow totals -$242,577, which implies a break-even property value of $822,577.
Break-even value lift means the percentage increase from the current purchase price needed to recover projected cash losses before selling costs. To reach that recovery point within 10 years, the property would need compound annual growth of about 3.56%. The strongest pre-tax year in this view is Year 20 at -$7,204.
Rental evidence
Stieglitz rental trend
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Local Context
Your Coastal Escape Awaits At 58 Parnella Drive, Stieglitz Stieglitz TAS sits in Stieglitz, TAS. Use the links below to compare cashflow reports for nearby suburbs and the wider state.
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