$300K
$41,221
"Very private 20 acre bush block located just under 28 km from Kempsey. The block enjoys a building entitlement and offers excellent view from the levelled homesite. The block includes a colour bond shed next to the homesite with tanks connected, front awning carport. The block also shares a large dam where the pump is located to top up the tanks on the shed. Priced to sell, so call today. DISCLAIMER The information provided has been furnished to us by the vendors. We have not verified whether or not that information is accurate and do not have any belief in one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than to pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate. Property Code 1587"
Below are some similar properties in the area you may be interested in.
-
79.5%
-
-
-
-$14,818
-
-
-34.7%
6.0%
Asking Price
$300,000
Estimated Purchase Price
$280,000
Stamp Duty
$8,045
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$28,000
Reg. Mortgage
$164
LMI Premium
$4,321
Renovation Costs
-
Total Cash/Equity Required
$42,725
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,537
-$5,920
Interest Repayments
$16,632
$16,632
Net Cashflow Before Tax
-$21,169
-$22,552
Depreciation
-
-
Tax Offset
-$6,351
-$6,766
Net Cashflow After Tax
-$14,818
-$15,786
Assumptions
Year 1
Year 10
Property Value
6.8%
$299,040
$540,593
Loan Balance
I.O
$252,000
$252,000
$47,040
$288,593
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price