$790K
$119,181
"You couldnt find a much better location for the ideal coastal lifestyle on a few acres. You will find this home on the quiet lowtraffic Left Bank Road in Belmore River its the less travelled side and so brings safer and more serene environment to enjoy. The location is also so perfect f considering its between Crescent Head 20km away and Gladstone village 5km away the two most sort after locations in our valley. What a place to live, where you can have your animals, you bonfire, amazing rural and river views and yes your big toys and also have access to a tidal river that will allow for easy access for ski boats, fishing boats, small yachts and anything under that. You can indeed navigate your way all the way to the ocean at South West Rocks from here So yes, fishing and crabbing is most certainly ontap right there in front of you 24hours a day, 7 days a week. And this soil is prime alluvial soil, great for growing so if getting healthy fruit and vege for your family is on your wish list than this one will do that for you with as little effort as possible. 2.2Ha. 5.4Ac extremely fertile soil Riverfront esplanade to tidal Belmore River Big strong double storey brick and tile home resting safely on a flood mound 4 bedrooms, 3 bathrooms, 2 garage stunning views from every room DOWNSTAIRS formal lounge, kitchen, dining area, breakfast area, double garage, laundry, 3rd bathroom UPSTAIRS all bedrooms, ensuite to main, main bathroom, 2nd large living room Large bedrooms, all with large builtin robes and ceiling fans Reverse cycle air conditioner Fixed wireless NBN antenna Tar road, town water, septic, mail, mains power. 15muntues easy, stunning drive to the pristine beaches of Crescent Head or 5minutes to the heritage village of Gladstone with all of its wonderful eateries. Its magic here, a purely beautiful way to live. Call any day, anytime."
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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
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
-
79.7%
-
-
-$185,000
-$20,298
2.8%
2.0%
-16.6%
6.0%
Asking Price
$790,000
Estimated Purchase Price
$735,000
Stamp Duty
$27,810
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$73,500
Reg. Mortgage
$164
LMI Premium
$18,926
Renovation Costs
-
Total Cash/Equity Required
$122,596
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,160
$1,514
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$14,661
$21,406
Interest Repayments
$43,659
$43,659
Net Cashflow Before Tax
-$28,998
-$22,253
Depreciation
-
-
Tax Offset
-$8,699
-$6,676
Net Cashflow After Tax
-$20,298
-$15,577
Assumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$661,500
$661,500
-$74,100
$400,379
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