$999K
$150,770
"Welcome to 74 Plover Lane, Verges Creek, where youll be greeted by birds chirping, the trees swaying, ducks in the dams, and this freshly painted 4bedroom farmhouse that is movein ready Step inside this charming home and experience country living at its best With 4 bedrooms and 16.4 Ha 40.5Ac of open space, an absolute dream for anyone looking for a hobby farm. It is the perfect mix of comfort and adventure, filled with character and warmth. Featuring stunning timber flooring throughout, high ceilings, and sits in absolute serenity, offering a peaceful retreat like no other. Inside of this home features 4 bedrooms 1 bathroom 2nd toilet in laundry 2 x living areas Polished timber flooring Ceiling fans throughout Open fireplace Rural outlook throughout every window Outside features 16.4 Ha 40.5Ac block 9x7m machinery shed 9x6m machinery shed with leanto Outdoor undercover entertainment area Pizza oven Solar panels Chook pen Garden shed Concrete water tank 3 x dams Basic stockyards This home offers privacy and tranquillity whilst still only being approx. 10 minutes to Kempsey Town Centre, and approx. 15 minutes to freeway access. In Kempsey, you will find everything that you need and want. With multiple schooling opportunities for all aged children, sporting clubs, and weekend activities. With the extensive shedding that this property offers, there is plenty of room for all the toys, and is also a great property to have some horses and run some cows. Only 10 km from the ocean, you can enjoy the wonderful breezes and hear the waves on a clear night. To experience living on the best side of town call Josh Wicks today on 0448 637 509 for more information and to arrange a private inspection. Borders are indicative only. DISCLAIMER All information contained herein is gathered from sources we believe to be reliable we cannot however guarantee its accuracy and interested parties should make and rely on their own inquiries."
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
-
85.9%
-
-
-$50,000
-$21,479
3.4%
2.6%
-13.8%
6.0%
Asking Price
$999,000
Estimated Purchase Price
$925,000
Stamp Duty
$36,360
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$92,500
Reg. Mortgage
$164
LMI Premium
$23,819
Renovation Costs
-
Total Cash/Equity Required
$155,039
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,261
$35,068
Interest Repayments
$54,945
$54,945
Net Cashflow Before Tax
-$30,684
-$19,877
Depreciation
-
-
Tax Offset
-$9,205
-$5,963
Net Cashflow After Tax
-$21,479
-$13,914
Assumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$832,500
$832,500
$102,000
$856,854
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