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$3.6M
$569,091
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$3,800,000
Medium
$3,500,000
Low
$3,200,000
Confidence
Medium
Discover an incredible opportunity in Bellingen's exclusive Promised Land region. Nestled on 45 acres, this idyllic property boasts two beautifully restored Federation cottages and a wealth of natural beauty. Enjoy privacy and stunning scenery with double frontage to the pristine Never Never River, your own natural swimming pool, and an abundance of wildlife. The lush landscape supports a diverse range of flora, including a well-established orchard and extensive gardens. With solar power and a 15m lap pool, this property combines old-world charm with modern convenience. Conveniently located, it's just a short drive to beaches and amenities, offering an exceptional rural lifestyle or investment potential.
Trusted by over 13k property buyers and counting...
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87.4%
$860K
273.8%
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Try Picki for FREE$150,000
-$102,159
1.9%
Asking Price
$3,600,000
Estimated Purchase Price
$3,350,000
Stamp Duty
$167,305
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$335,000
Reg. Mortgage
$164
LMI Premium
$94,664
Renovation Costs
-
Total Cash/Equity Required
$599,329
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,169
$1,525
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
$53,049
$76,044
Interest Repayments
$198,990
$198,990
Net Cashflow Before Tax
-$145,941
-$122,946
Depreciation
-
-
Tax Offset
-$43,782
-$36,884
Net Cashflow After Tax
-$102,159
-$86,062
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$3,738,000
$6,757,415
Loan Balance
I.O
$3,015,000
$3,015,000
$723,000
$3,742,415
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 10.0%
Retail Trade - 10.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 56.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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
