$528K
$98,691
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Try Picki for FREEConfidence
Medium
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Low
This is a unique, off-grid, sustainable haven located within the historic Shamballa Cooperative, just 15 minutes from the lively town of Bellingen. This north-facing two-story home is designed for those craving a lifestyle deeply intertwined with nature. It sits atop a secluded hill amidst 34 acres of fruit trees and gardens, offering expansive views toward the Promised Land. The home features a spacious main bedroom, a large kitchen, and multiple verandahs to enjoy the surroundings. Equipped with solar power, water storage, and satellite wifi, it promises a self-sufficient lifestyle. The cooperative structure provides a community atmosphere while still maintaining privacy.
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83.3%
-
-
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Try Picki for FREE-$120,000
-$16,163
3.1%
Asking Price
$528,000
Estimated Purchase Price
$595,000
Stamp Duty
$21,510
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$59,500
Reg. Mortgage
$164
LMI Premium
$15,321
Renovation Costs
-
Total Cash/Equity Required
$98,691
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$12,253
$17,978
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$23,090
-$17,365
Depreciation
-
-
Tax Offset
-$6,927
-$5,209
Net Cashflow After Tax
-$16,163
-$12,155
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$535,500
$535,500
-$28,200
$381,578
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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...
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projected
for 2025 to 2027
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Sold Price
Asking Price