$700K
$125,158
Confidence
High
High
$720,000
Medium
$700,000
Low
$680,000
Confidence
Moderate
"Welcome to 63 Tyalgum Road, Byangum a hidden gem nestled in the serene countryside, offering a perfect blend of rural tranquility and modern convenience. This charming fibro cottage is a renovators dream, sitting on a generous 1012 square meter lot thats fully fenced, ensuring privacy and security. Zoned RU2 Rural Landscape, this property provides an ideal setting for those seeking a peaceful rural lifestyle with the potential for future improvements. Featuring 2 Bedrooms Cozy and comfortable, perfect for a small family or as a countryside retreat. 2 Bathrooms Offering convenience and practicality. 1 Car Port Ample space for your vehicle, protecting it from the elements. Surrounded by picturesque paddocks, this property offers breathtaking views of Mount Warning and the Tweed Valley, creating a stunning backdrop for your daily life. Imagine waking up to the beauty of the countryside every morning, with the serene landscape right at your doorstep. Despite its tranquil setting, 63 Tyalgum Road is just a short drive to the Murwillumbah town centre, ensuring youre never far from essential amenities, shops, and schools. This fibro cottage is ready for a transformation, providing an excellent opportunity for renovators to create a bespoke rural haven. Embrace the potential and make this property your own. Dont miss out on this unique opportunity to own a piece of the beautiful Tweed Valley. Contact Jason Dittmar today to arrange a viewing and start envisioning your dream rural lifestyle at 63 Tyalgum Road. Disclaimer Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."
-
58.4%
-
-
$50,000
-$13,577
4.0%
3.0%
-12.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$700,000
Estimated Purchase Price
$650,000
Stamp Duty
$23,985
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$65,000
Reg. Mortgage
$164
LMI Premium
$16,738
Renovation Costs
-
Total Cash/Equity Required
$108,083
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,407
$1,836
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
$19,214
$27,915
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$19,396
-$10,695
Depreciation
-
-
Tax Offset
-$5,819
-$3,209
Net Cashflow After Tax
-$13,577
-$7,487
Assumptions
Year 1
Year 10
Property Value
6.8%
$747,600
$1,351,483
Loan Balance
I.O
$585,000
$585,000
$162,600
$766,483
Below 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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price