$680K
$113,205
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Try Picki for FREEConfidence
Medium
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Not Found
Discover a charming 3-bedroom timber farmhouse nestled on a 16-hectare property, set upon gently sloping terrain that opens up to 80 acres of cleared grazing land. With a picturesque driveway lined by pine trees, this farmlet offers a unique blend of rustic charm and practical amenities. The house features a large north-facing deck, a shady south-facing verandah, and an open-plan living space. Essentials include a slow combustion oven, a bathroom with a claw foot bath, and a separate toilet. Additional conveniences are a 2-bay garage, a new Colorbond shed studio with power, and ample water resources with 5 dams and 4 x 5000L water tanks. Located just 25 minutes from Kempsey and 15 minutes from Willawarrin, this property marries seclusion with accessibility.
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0%
83.9%
$819K
3.5%
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-$31,450
-
Asking Price
$680,000
Estimated Purchase Price
$680,000
Stamp Duty
$25,335
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$68,000
Reg. Mortgage
$164
LMI Premium
$17,510
Renovation Costs
-
Total Cash/Equity Required
$113,205
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,537
-$5,920
Interest Repayments
$40,392
$40,392
Net Cashflow Before Tax
-$44,929
-$46,312
Depreciation
-
-
Tax Offset
-$13,479
-$13,894
Net Cashflow After Tax
-$31,450
-$32,418
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$612,000
$612,000
$114,240
$700,869
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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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price