$700K
$104,668
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
This charming A-Frame chalet, set on 1.679 hectares with additional land from an adjoining road, offers a unique blend of comfort and rural living. Located 15 minutes from Kempsey, this property is a true oasis boasting four bedrooms, two bathrooms, and three carports. Enjoy magical views from the large covered deck overlooking the pool. The modern kitchen is equipped with a gas stove, electric oven, and dishwasher. The home features reverse cycle air conditioning, a slow combustion fire, and ceiling fans. The property is sustainable with a 6.6 kW solar system, three water tanks, and paddocks for livestock. Fruit trees and a full fence complete this idyllic property, making it a sanctuary for a family desiring a rural lifestyle with easy access to the town.
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83.9%
$819K
3.5%
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Try Picki for FREE$30,000
-$15,084
3.6%
Asking Price
$700,000
Estimated Purchase Price
$650,000
Stamp Duty
$23,985
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$65,000
Reg. Mortgage
$164
LMI Premium
$16,738
Renovation Costs
-
Total Cash/Equity Required
$108,083
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$17,061
$24,821
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$21,549
-$13,789
Depreciation
-
-
Tax Offset
-$6,465
-$4,137
Net Cashflow After Tax
-$15,084
-$9,652
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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
$585,000
$585,000
$141,240
$727,869
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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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projected
for 2025 to 2027
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
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Average Population
Sold Price
Asking Price