$990K
-
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,020,000
Medium
$985,000
Low
$950,000
Confidence
Medium
Discover a spacious rural lifestyle property just 20 minutes from Coffs Harbour, offering a blend of family living and investment potential. Set on a 3370m2 level block, the main homestead has 3 bedrooms with modern amenities, including a separate living room with a combustion heater, a contemporary kitchen, and an inground pool with north-facing sunlight. A separate 2-bedroom cottage offers rental income or additional family accommodation. Enjoy the picturesque views and proximity to local natural attractions. The property also includes various utility sheds, a fenced paddock, and access to drinkable bore water.
Trusted by over 13k property buyers and counting...
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67.8%
$1.1M
86.5%
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Try Picki for FREE-$80,000
-$25,688
3.2%
Asking Price
$990,000
Estimated Purchase Price
$1,065,000
Stamp Duty
$42,660
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$106,500
Reg. Mortgage
$164
LMI Premium
$27,424
Renovation Costs
-
Total Cash/Equity Required
$178,944
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
$1,257
$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
$26,563
$38,357
Interest Repayments
$63,261
$63,261
Net Cashflow Before Tax
-$36,698
-$24,904
Depreciation
-
-
Tax Offset
-$11,009
-$7,471
Net Cashflow After Tax
-$25,688
-$17,433
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,051,980
$1,901,730
Loan Balance
I.O
$958,500
$958,500
$93,480
$943,230
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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...
Try Picki for FREEAverage Population
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