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$1.29M
$192,010
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,800,000
Medium
$1,600,000
Low
$1,400,000
Confidence
Low
Discover your dream lifestyle at this stunning five-acre property nestled in the Nobbys Creek foothills, just eleven minutes from Murwillumbah. This secluded cathedral-style home, surrounded by mature trees, offers breathtaking views and a serene atmosphere. The master retreat with ensuite showcases the Northern Rivers' sunsets and ranges. Enjoy seasonal comfort with a wood heater and reverse cycle air conditioning. The kitchen boasts stainless steel benchtops and a timber island bench for culinary delights. Explore self-sufficiency with fruit trees, room for vegetable gardens, and a chicken coop. Water supply includes several tanks and a spring-fed dam. A separate studio suits creative pursuits. Recently redecorated, move in and embrace regional living near beaches and cultural attractions. Travel easily with the Gold Coast Airport a short drive away.
Trusted by over 13k property buyers and counting...
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80.6%
$2.05M
225.8%
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Try Picki for FREE$25,000
-$48,679
2.0%
Asking Price
-
Estimated Purchase Price
$1,575,000
Stamp Duty
$69,680
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$157,500
Reg. Mortgage
$164
LMI Premium
$44,506
Renovation Costs
-
Total Cash/Equity Required
$274,046
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,407
$1,836
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
$24,014
$34,746
Interest Repayments
$93,555
$93,555
Net Cashflow Before Tax
-$69,541
-$58,809
Depreciation
-
-
Tax Offset
-$20,862
-$17,643
Net Cashflow After Tax
-$48,679
-$41,166
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,417,500
$1,417,500
$291,300
$1,671,604
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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 FREEMonthly % 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
