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$700K
$131,988
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High
-
Medium
-
Low
-
Confidence
Discover a rare opportunity in the village of Red Rock: a vacant 726.4m2 block of land. With an R2 zoning, this prime piece provides the chance to build your dream home. Enjoy easy access, less than 450 meters, to both Red Rock river and nearby beaches. Boasting an 18.3-meter frontage, the Northeasterly elevated position enhances appeal. Don't miss securing land in this desirable locale.
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68.9%
$1.03M
3.6%
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Try Picki for FREE-$55,000
-$34,637
-
Asking Price
$700,000
Estimated Purchase Price
$755,000
Stamp Duty
$28,710
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$75,500
Reg. Mortgage
$164
LMI Premium
$19,442
Renovation Costs
-
Total Cash/Equity Required
$126,011
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
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
$44,847
$44,847
Net Cashflow Before Tax
-$49,481
-$50,893
Depreciation
-
-
Tax Offset
-$14,844
-$15,268
Net Cashflow After Tax
-$34,637
-$35,625
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Year 1
Year 10
Property Value
6.8%
$747,600
$1,351,483
Loan Balance
I.O
$679,500
$679,500
$68,100
$671,983
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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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
