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$1.85M
$293,288
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
Discover a serene retreat at 671 Gleniffer Road, Gleniffer, a harmonious blend of modern comfort and sustainability. This property, situated on 5.1 hectares, offers a bright modernist home with expansive glass for stunning rainforest views. Three bedrooms and additional self-contained studios provide versatile living and rental opportunities. Key features include passive solar design, solar water heating, open fireplace, air conditioning, abundant fruit trees, bore water supply, and solar panels. Located near Bellingen and the Never Never River, it's a nature lover's dream ready for you to explore.
Trusted by over 13k property buyers and counting...
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87.4%
$860K
273.8%
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Try Picki for FREE$150,000
-$39,789
3.4%
Asking Price
$1,990,000
Estimated Purchase Price
$1,850,000
Stamp Duty
$84,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$185,000
Reg. Mortgage
$164
LMI Premium
$52,277
Renovation Costs
-
Total Cash/Equity Required
$324,442
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$53,049
$76,044
Interest Repayments
$109,890
$109,890
Net Cashflow Before Tax
-$56,841
-$33,846
Depreciation
-
-
Tax Offset
-$17,052
-$10,154
Net Cashflow After Tax
-$39,789
-$23,692
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,665,000
$1,665,000
$471,000
$2,196,380
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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%
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Monthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
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Average Days of Supply
No data available
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