$500K
$69,678
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
This expansive rural property spans over 16.11 hectares and offers a world of potential. Located near Frederickton village, it comes with a dwelling entitlement and is zoned RU1 for primary production, which opens up a variety of farming opportunities. The property features council roads on three sides, granting easy access, and is located near the Lower Macleay flood plain area, providing a possible refuge for cattle. A high hill at the northern end offers unparalleled views, perfect for building a home. Notably, there's an identified but unlicensed gravel quarry, adding another potential avenue for use. With power along the road and town water nearby, it's an appealing blank canvas for buyers looking for rural charm with close proximity to town.
Trusted by over 13k property buyers and counting...
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87.1%
$763K
240.1%
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Try Picki for FREE$35,000
-$9,712
4.1%
Asking Price
$500,000
Estimated Purchase Price
$440,000
Stamp Duty
$14,535
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$44,000
Reg. Mortgage
$164
LMI Premium
$8,784
Renovation Costs
-
Total Cash/Equity Required
$69,679
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,160
$1,514
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
$12,262
$17,990
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$13,874
-$8,146
Depreciation
-
-
Tax Offset
-$4,162
-$2,444
Net Cashflow After Tax
-$9,712
-$5,702
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$396,000
$396,000
$111,300
$521,078
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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