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$1.8M
$348,265
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,000,000
Medium
$1,800,000
Low
$1,600,000
Confidence
NA
Discover 13 acres of captivating landscape boasting mesmerizing mountain views and unmatched privacy. This estate is ideally situated near the beach, Byron Bay, and the Gold Coast. Offering versatility, it includes a two-bedroom house, two large sheds, and a secluded studio equipped with a full kitchen and bathroom. The studio offers breathtaking views of Mt. Wolumbin. An open-plan living area with a fireplace highlights the main house, surrounded by lush tropical bush, providing tranquil retreats under the pergola or balcony. Its current tenants are open to staying, providing potential investment returns with a rental appraisal of $1100 to $1200 weekly. Convenient proximity to the M1, regional beaches, and local amenities ensures this property is a valuable gem.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, 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 - 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...
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
Below are some similar properties in the area you may be interested in.
0%
65.6%
$1.86M
2.7%
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Try Picki for FREE-$135,000
-$83,806
-
Asking Price
$1,800,000
Estimated Purchase Price
$1,935,000
Stamp Duty
$89,480
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$193,500
Reg. Mortgage
$164
LMI Premium
$54,679
Renovation Costs
-
Total Cash/Equity Required
$340,019
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,784
-$6,242
Interest Repayments
$114,939
$114,939
Net Cashflow Before Tax
-$119,723
-$121,181
Depreciation
-
-
Tax Offset
-$35,917
-$36,354
Net Cashflow After Tax
-$83,806
-$84,827
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$1,741,500
$1,741,500
$180,900
$1,733,742
