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$860K
$162,723
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High
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Medium
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Low
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Confidence
Explore the possibilities with this expansive 3841 square meter property, offering ample space for growth and creativity. Situated under a hectare, it features a charming four-bedroom house with a partially enclosed veranda, providing opportunities for additional rooms or modifications. The property boasts practical additions such as sheds and a spacious four-car carport. Conveniently located near transport links and the CBD, it provides easy access to some of the finest beaches on the Mid North Coast within a 15 to 30-minute drive. Positioned in a flood-free area, this land represents a unique opportunity for value appreciation. Schedule a viewing to envision its full potential.
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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 - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
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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
33.7%
24.8%
$290K
6.8%
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Try Picki for FREE-$115,000
-$9,198
4.8%
Asking Price
$500,000
Estimated Purchase Price
$565,000
Stamp Duty
$20,160
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$56,500
Reg. Mortgage
$164
LMI Premium
$14,549
Renovation Costs
-
Total Cash/Equity Required
$93,569
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,160
$1,514
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
$20,421
$29,603
Interest Repayments
$33,561
$33,561
Net Cashflow Before Tax
-$13,140
-$3,958
Depreciation
-
-
Tax Offset
-$3,942
-$1,187
Net Cashflow After Tax
-$9,198
-$2,770
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$508,500
$508,500
-$27,900
$360,310
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