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$1.5M
$240,143
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,550,000
Medium
$1,450,000
Low
$1,350,000
Confidence
Not Found
This charming weatherboard cottage offers a serene retreat on 7.5 acres near Bellingen. Recently renovated, the home boasts high ceilings, a cosy lounge with a wood fireplace, and an open-plan kitchen and dining area that extends to a covered verandah. With three bedrooms, two stylish bathrooms, and a separate sleepout with its own bathroom, the property is perfect for families or those seeking flexible living arrangements. Embrace country living with modern comforts, minutes from vibrant community amenities. Ideal for families, retirees, or as an Airbnb investment.
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0%
84.9%
$1.11M
3.5%
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Try Picki for FREE$35,000
-$62,018
-
Asking Price
$1,500,000
Estimated Purchase Price
$1,415,000
Stamp Duty
$60,880
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$141,500
Reg. Mortgage
$164
LMI Premium
$39,985
Renovation Costs
-
Total Cash/Equity Required
$244,725
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,546
-$5,931
Interest Repayments
$84,051
$84,051
Net Cashflow Before Tax
-$88,597
-$89,982
Depreciation
-
-
Tax Offset
-$26,579
-$26,995
Net Cashflow After Tax
-$62,018
-$62,988
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,548,600
$2,799,500
Loan Balance
I.O
$1,273,500
$1,273,500
$275,100
$1,526,000
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
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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
