Withheld
$87,000
Confidence
Medium
High
$650,000
Medium
$575,000
Low
$470,000
Confidence
Medium
"Escape to your own slice of paradise with this stunning farmlet located on Lot 11 Sneesbys Lane East Wardell. Situated on 38.56 acres of land, this property offers the perfect opportunity for those looking to embrace a peaceful countryside lifestyle. Enjoy breathtaking views of the horizon and the sound of the ocean, wildlife nature from this idyllic location. Whether youre looking to build your dream home or simply escape the hustle and bustle of city life, this property has it all. Dont miss out on the chance to own this incredible piece of land. Contact Agent for more information and to schedule a viewing. This spacious and very conveniently located 38.5 acre property presents the perfect opportunity to create your dream rural lifestyle whilst being just 1km to the golden sands of beautiful Patches Beach and 15 minutes to Ballina."
-
81%
$790K
5.3%
$35,000
+
9.6%
8.1%
9.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$540,000
Stamp Duty
$19,035
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$54,000
Reg. Mortgage
$164
LMI Premium
$10,780
Renovation Costs
-
Total Cash/Equity Required
$86,175
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$52,000
$74,012
Property Management
+7.7% PA
$4,004
$5,699
Rates
+3.0% PA
$1,067
$1,392
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
$43,552
$62,515
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
$11,476
$30,439
Depreciation
-
-
Tax Offset
$3,443
$9,132
Net Cashflow After Tax
$8,033
$21,307
Assumptions
Year 1
Year 10
Property Value
6.8%
$614,100
$1,110,147
Loan Balance
I.O
$486,000
$486,000
$128,100
$624,147
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
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