$539K
$77,102
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Try Picki for FREEConfidence
Medium
High
$600,000
Medium
$525,000
Low
$450,000
Confidence
Not Found
Discover the perfect blend of rural serenity and convenient access with this 37.53-hectare vacant block located just 15 minutes from town. Featuring an elevated northerly aspect and a mix of cleared and timbered areas, this property offers two dams and a tranquil setting close to both the town and the beach. With a building entitlement subject to council approval, this land presents a unique opportunity to craft your dream home. Offered for the first time in many years, this block promises a peaceful lifestyle without sacrificing proximity to modern conveniences.
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83.9%
$819K
3.5%
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Try Picki for FREE$25,000
-$23,966
-
Asking Price
$539,000
Estimated Purchase Price
$500,000
Stamp Duty
$17,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$50,000
Reg. Mortgage
$164
LMI Premium
$9,982
Renovation Costs
-
Total Cash/Equity Required
$79,577
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
$29,700
$29,700
Net Cashflow Before Tax
-$34,237
-$35,620
Depreciation
-
-
Tax Offset
-$10,271
-$10,686
Net Cashflow After Tax
-$23,966
-$24,934
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$560,700
$1,013,612
Loan Balance
I.O
$450,000
$450,000
$110,700
$563,612
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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...
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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