$1.4M
$244,725
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Discover tranquility on this 4.71-hectare rural property, offering modern comforts within a serene countryside setting. This recently renovated 4-bedroom, 2-bathroom home boasts a contemporary designer kitchen with a walk-in pantry, timber floors in key living areas, and raking ceilings in the air-conditioned spaces. With an alfresco patio and pool, it's perfect for summer relaxation and entertainment. The property is equipped with two large dams, a rainwater tank, and a reliable water bore, ensuring a year-round water supply. Fully fenced and ideal for livestock, it includes a versatile shed for ample storage. Located conveniently 20 minutes from Coffs Harbour, this property is ideal for families seeking a rural lifestyle close to amenities.
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81.7%
$1.79M
2.1%
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Try Picki for FREE-$60,000
-$34,994
3.0%
Asking Price
$1,395,000
Estimated Purchase Price
$1,410,000
Stamp Duty
$60,605
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$141,000
Reg. Mortgage
$164
LMI Premium
$39,844
Renovation Costs
-
Total Cash/Equity Required
$243,808
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,257
$1,640
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
$33,763
$48,604
Interest Repayments
$83,754
$83,754
Net Cashflow Before Tax
-$49,991
-$35,150
Depreciation
-
-
Tax Offset
-$14,997
-$10,545
Net Cashflow After Tax
-$34,994
-$24,605
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,269,000
$1,269,000
$172,800
$1,337,431
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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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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