$185K
$31,443
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Try Picki for FREEConfidence
High
High
$220,000
Medium
$200,000
Low
$180,000
Confidence
Medium
Discover a 734 sqm property with a North Easterly aspect and RU5 zoning, allowing for detached dual occupancy subject to council approval. This property offers a perfect mix of rural charm and convenience, located on a school bus route. The sale includes a 40ft high cube shipping container and building materials for a 12 x 6 tiny home shed. Enjoy local amenities such as the nearby 'pub with no beer' just 5 minutes away, and wider attractions like Macksville, Scotts Head Beach, and Coffs Harbour within a short drive.
Trusted by over 13k property buyers and counting...
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84.8%
$355K
7.3%
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Try Picki for FREE-$15,000
-$3,637
6.0%
Asking Price
$200,000
Estimated Purchase Price
$215,000
Stamp Duty
$5,770
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$21,500
Reg. Mortgage
$164
LMI Premium
$3,318
Renovation Costs
-
Total Cash/Equity Required
$32,947
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
$1,046
$1,365
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
$7,576
$11,307
Interest Repayments
$12,771
$12,771
Net Cashflow Before Tax
-$5,195
-$1,464
Depreciation
-
-
Tax Offset
-$1,559
-$439
Net Cashflow After Tax
-$3,637
-$1,025
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$213,600
$386,138
Loan Balance
I.O
$193,500
$193,500
$20,100
$192,638
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%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
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
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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
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