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$749K
$125,158
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Try Picki for FREEConfidence
High
High
$925,000
Medium
$825,000
Low
$725,000
Confidence
Medium
Discover a unique gem with enchanting views of the Macleay River right at your doorstep and the scenic beaches of South West Rocks just a short drive away. Positioned on an expansive 4721m2 riverside block, this property exudes tranquility and historical charm. Thoughtfully constructed using old school methods, the house boasts pit sawn wall linings and cotter pin door jambs, emphasizing its craftsmanship. Meticulously maintained over 22 years, it features no floodwater issues, fresh paint inside and out, a modernized roof and guttering, ample shed space with secure garage options, and a roomy paddock ready for livestock or gardening endeavors.
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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 - 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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Trusted by over 13,000 property buyers and counting...
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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Trusted by over 13,000 property buyers and counting...
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
0%
85.3%
$900K
4%
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Try Picki for FREE$30,000
-$21,113
2.9%
Asking Price
$795,000
Estimated Purchase Price
$795,000
Stamp Duty
$30,510
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$79,500
Reg. Mortgage
$164
LMI Premium
$20,472
Renovation Costs
-
Total Cash/Equity Required
$132,841
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$17,061
$24,821
Interest Repayments
$47,223
$47,223
Net Cashflow Before Tax
-$30,162
-$22,402
Depreciation
-
-
Tax Offset
-$9,049
-$6,721
Net Cashflow After Tax
-$21,113
-$15,681
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$715,500
$715,500
$165,600
$877,319
