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$1.75M
$265,799
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High
-
Medium
-
Low
-
Confidence
This 8.8-hectare estate near Coramba village offers a harmonious blend of rural allure and modern convenience. The main house features four bedrooms, vaulted ceilings, and a kitchen with top-tier appliances. An additional self-contained granny flat adds versatility. Infrastructure includes five paddocks, solar fencing, and a comprehensive irrigation system. A workshop, ample parking, and a dual bay shed enhance functionality. The property boasts water security with boreholes and tank systems, automated orchard irrigation, and solar-powered amenities. Located just 10 minutes from Coffs Harbour CBD, it offers tranquility with urban accessibility.
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83.3%
$1.01M
3.6%
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Try Picki for FREE-$160,000
-$49,547
2.4%
Asking Price
$1,750,000
Estimated Purchase Price
$1,760,000
Stamp Duty
$79,855
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$176,000
Reg. Mortgage
$164
LMI Premium
$49,734
Renovation Costs
-
Total Cash/Equity Required
$307,949
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
$104,544
$104,544
Net Cashflow Before Tax
-$70,781
-$55,940
Depreciation
-
-
Tax Offset
-$21,234
-$16,782
Net Cashflow After Tax
-$49,547
-$39,158
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,584,000
$1,584,000
$124,800
$1,505,104
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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...
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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
