$395K
$54,067
Confidence
High
High
$1,050,000
Medium
$1,000,000
Low
$950,000
Confidence
Medium
"Do not delay securing a acre mostly cleared block in the soughtafter suburb of Seaham, a beautiful country town within close proximity to major shopping centres in Raymond Terrace Maitland With River access right around the corner for those who like to boat, fish and kayak makes this vacant land a rare opportunity. The block has water and power available to connect to and has had reports done in preparation for a build. The block has a 4bedroom 3bathroom DA approved, including septic, with council, along with DA approval for a shed which can be built before the home All you need to do is engage in your own builder and youll be on your way Other features of the Block Walking distance to The Williams River Walking Distance to Shops, Pharmacy, Doctors Surgery, Primary School Preschool This property is located 40 Minutes From Newcastle, under 15 minutes to Raymond Terrace, 20 Minutes to Maitland and just over 2 hours to Sydney. For Further Information please contact Ethan Locock on 0476 145 591 Dwelling plans and drawings under floor plan R R Property make no representations to the accuracy of the information provided by our vendors. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes."
-
97.8%
-
-
$640,000
+
9.4%
7.4%
6.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$410,000
Estimated Purchase Price
$360,000
Stamp Duty
$10,935
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$36,000
Reg. Mortgage
$164
LMI Premium
$7,187
Renovation Costs
-
Total Cash/Equity Required
$56,482
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,040
$1,357
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
$26,780
$38,640
Interest Repayments
$21,384
$21,384
Net Cashflow Before Tax
$5,396
$17,256
Depreciation
-
-
Tax Offset
$1,619
$5,177
Net Cashflow After Tax
$3,777
$12,080
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$324,000
$324,000
$744,000
$1,606,690
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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