$1.55M
$241,060
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Moderate
High
$650,000
Medium
$600,000
Low
$550,000
Confidence
Not applicable
-
Street Statistics
Public Housing (%)
0%
Owner Occupiers (%)
79.5%
Median Street Sold Price
-
Median Street Rental Yield
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEProperty Investment Scores
Property
Very Poor
Street
Average
Suburb
Very Good
Overall
Average
Under Market Value
-$85,000
Net Cashflow PA
-$62,911
Gross Yield
-
Purchase Costs
Asking Price
$1,550,000
Estimated Purchase Price
$1,435,000
Stamp Duty
$61,980
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$143,500
Reg. Mortgage
$164
LMI Premium
$40,550
Renovation Costs
-
Total Cash/Equity Required
$248,390
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Expenses
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,257
$1,640
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
-$4,634
-$6,046
Interest Repayments
$85,239
$85,239
Net Cashflow Before Tax
-$89,873
-$91,285
Depreciation
-
-
Tax Offset
-$26,962
-$27,386
Net Cashflow After Tax
-$62,911
-$63,900
Balance Sheet
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Liabilities
Loan Balance
I.O
$1,291,500
$1,291,500
Net Equity
$150,300
$1,314,931
Property Inspection Report
Property Overview
Woodstock Park, a 55-acre property in Nana Glen's rolling hills, offers a dream lifestyle with equestrian facilities and alluvial soil for up to 25 breeders. It has comprehensive infrastructure, including a sand arena, stables, cattle yards, large shed, and multiple water tanks. The newly renovated home features 4 bedrooms, an office, polished floors, and custom sliding barn doors. An outdoor fireplace and expansive veranda add charm. The Orara River frontage enhances this iconic property, located just 15 minutes from Moonee Beach and 30 minutes from Coffs Harbour.
Inspection Checklist
- Verify the condition and maintenance of the sand arena and horse paddocks.
- Evaluate the stables and tack room facilities.
- Inspect the fences around all paddocks.
- Confirm the vet crush's condition and cattle yard facilities.
- Check the large 5-bay shed for integrity and power connections.
- Review the water tanks' capacity and condition, including town water connection.
- Assess the renovations, focusing on timber floors and barn doors.
- Examine the home's plumbing and electricity systems.
- Experience the view and assess potential noise or pollution.
- Inspect river access points and safety.
- Identify any signs of flooding or soil erosion near the river.
Questions for Agent
- How old is the sand arena and what maintenance has been done on it?
- What are the dimensions of each horse paddock, and how many horses can each accommodate?
- Are there any recent or planned repairs for the stables or tack room?
- Can you provide details about the last maintenance performed on the fences and cattle yards?
- Is there any alternative power source, like solar panels, for the property?
- Who installed the water tanks and when was the last inspection?
- Can you provide details about the home's renovations and who performed them?
- Have there been any issues with water or power supply?
- Can you describe the seasonal view changes and any notable regional utility warnings?
- Are there any restrictions on river access or land use for leisure activities?
- Have there ever been floods, and what flood prevention measures are in place?
Highest rated properties in the area
Below are some similar properties in the area you may be interested in.
Location Opportunity
City of Coffs Harbour statistics
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.
78,759
2021 Population
31
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Average
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
income growth
Very High
Average Income
COMMUTE TIME
201mins
106kms
Poor
Pr
Unlock Recent Public Projects
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 FREESpent Per Capita
Li
Po
Population Growth
Average Population
SUPPLY vs POPULATION
Projected Population Growth
3.7%
projected
for 2025 to 2027
High
Su
Unlock Recent New Home Construction
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 FREERecent New Home Construction
1.3%
High
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Very Good
Average Rental Yield
VACANCY RATE
Excellent
Average Vacancy Rate
Days of Supply
Very Good
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Very Good
Average Population
Pricing
Sold Price
Asking Price
Analyse all 168,432 Current Properties For Sale.
Trusted by over 13k property buyers and counting...
Try Picki for FREE