$1.88M
$285,958
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
This unique architect-designed home offers a rare blend of luxury and rural living, situated in the coveted Turners Flat neighborhood. Boasting breathtaking views of the Macleay River and surrounding landscape, this property offers 16 hectares of expansive land, including 500 meters of river frontage and several private amenities such as a lagoon and an island. The home features seamless indoor-outdoor living spaces, a luxurious parents' retreat with a spa, and a loft perfect as a fifth bedroom or home office. Facilities include a sleek inground pool, several storage options for vehicles, and infrastructure for pygmy goat breeding. With proximity to essential services and scenic locales like Kempsey and Crescent Head, this estate offers a unique opportunity for serene, yet convenient lifestyle.
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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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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
Below are some similar properties in the area you may be interested in.
0%
83.9%
$819K
3.5%
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Try Picki for FREE$170,000
-$38,951
3.4%
Asking Price
$1,980,000
Estimated Purchase Price
$1,830,000
Stamp Duty
$83,705
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$183,000
Reg. Mortgage
$164
LMI Premium
$51,712
Renovation Costs
-
Total Cash/Equity Required
$320,777
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$53,058
$76,056
Interest Repayments
$108,702
$108,702
Net Cashflow Before Tax
-$55,644
-$32,646
Depreciation
-
-
Tax Offset
-$16,693
-$9,794
Net Cashflow After Tax
-$38,951
-$22,852
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,647,000
$1,647,000
$489,000
$2,214,380