$2.8M
$498,537
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$2,800,000
Medium
$2,600,000
Low
$2,400,000
Confidence
Medium
Discover a productive farmland lifestyle property with riverfront allure on Bellingen's south side. Spanning 125 acres, this estate boasts prime grazing lands with a 1 km frontage on the Kalang River, perfect for leisurely boating and fishing. The fertile river flats transition into gently sloping hills, supporting 75 cattle. Water is plentiful, sourced from creeks, dams, and a bore. The charming three-bedroom homestead is renovated, complemented by multiple farm sheds and stockyards. A short 15 minutes from Bellingen and Urunga, the property features excellent fencing, divided into 13 paddocks, and a convenient school bus at the gate.
Trusted by over 13k property buyers and counting...
Try Picki for FREEBelow are some similar properties in the area you may be interested in.
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 - 15.0%
Accommodation and Food Services - 10.0%
Retail Trade - 10.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 56.0%
Average Income
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 FREEAverage Population
projected
for 2025 to 2027
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
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
87.2%
$655K
492.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$200,000
-$99,448
1.1%
Asking Price
$2,800,000
Estimated Purchase Price
$2,800,000
Stamp Duty
$137,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$280,000
Reg. Mortgage
$164
LMI Premium
$79,122
Renovation Costs
-
Total Cash/Equity Required
$498,537
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,169
$1,525
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
$24,252
$35,056
Interest Repayments
$166,320
$166,320
Net Cashflow Before Tax
-$142,068
-$131,264
Depreciation
-
-
Tax Offset
-$42,621
-$39,379
Net Cashflow After Tax
-$99,448
-$91,884
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,776,800
$5,019,794
Loan Balance
I.O
$2,520,000
$2,520,000
$256,800
$2,499,794