$340K
$45,734
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Try Picki for FREEConfidence
High
High
$360,000
Medium
$320,000
Low
$280,000
Confidence
Medium
Discover a hidden gem nestled down an obscure little lane just 6 minutes from Kempsey town center. This tree-studded acreage offers 2.31 hectares (5.7 acres) of gently sloping land with two gullies, ideal for dam catchment. Located near Aldavilla Primary School and just a short drive to Kempsey Hospital and Crescent Head Beaches, the property includes a dwelling entitlement. Utilities are easily accessible with a town water main, power pit, and Telstra cable at the front boundary. Enjoy the convenience of a tar road, waste collection, mail service, and school bus access. Imagine creating your own oasis in this prime location—a bargain opportunity awaits.
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
0%
87.4%
$690K
4.5%
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Try Picki for FREE-$15,000
-$8,706
3.9%
Asking Price
$360,000
Estimated Purchase Price
$335,000
Stamp Duty
$9,970
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$33,500
Reg. Mortgage
$164
LMI Premium
$6,688
Renovation Costs
-
Total Cash/Equity Required
$52,518
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
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
$7,462
$11,159
Interest Repayments
$19,899
$19,899
Net Cashflow Before Tax
-$12,437
-$8,740
Depreciation
-
-
Tax Offset
-$3,731
-$2,622
Net Cashflow After Tax
-$8,706
-$6,118
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$301,500
$301,500
$40,260
$316,321