$2.05M
$398,661
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,050,000
Low
$1,900,000
Confidence
Medium
Nestled in a lush, tropical environment, this tranquil 10.8-hectare property offers a unique lifestyle experience with breathtaking views of the Bollanolla Mountain Range. With established macadamia trees, potential for expansion, and a dedicated shed equipped with all necessary machinery, it provides excellent opportunity for an income-generating enterprise. The spacious, quality-built home features high ceilings, mixed hardwood floors, and modern amenities like Ilve and Bosch appliances. It offers three bedrooms plus a study, a private master suite, and an architect-designed deck ideal for social occasions. Further, it includes a sauna, concrete-floored storage space, and extensive storage solutions throughout. The property combines comfort and practicality, setting the stage for a balanced, fulfilling way of life, just minutes from Valla Beach and close to local townships.
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82.6%
-
-
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Try Picki for FREE-$155,000
-$72,942
1.5%
Asking Price
$2,050,000
Estimated Purchase Price
$2,205,000
Stamp Duty
$104,330
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$220,500
Reg. Mortgage
$164
LMI Premium
$62,309
Renovation Costs
-
Total Cash/Equity Required
$389,498
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,774
$38,633
Interest Repayments
$130,977
$130,977
Net Cashflow Before Tax
-$104,203
-$92,344
Depreciation
-
-
Tax Offset
-$31,261
-$27,703
Net Cashflow After Tax
-$72,942
-$64,641
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,189,400
$3,957,914
Loan Balance
I.O
$1,984,500
$1,984,500
$204,900
$1,973,414
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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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projected
for 2025 to 2027
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Days of Supply
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Sold Price
Asking Price