$179K
$24,673
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
This 1334sqm parcel of land in Buttaba offers a unique opportunity for those looking to build a dream home or investment project. Located on an elevated hilltop, it promises stunning panoramic views and refreshing breezes. The land is partially wooded, providing a chance to retain some natural greenery. Situated in a growing estate near Lake Macquarie and close to Toronto's CBD, this property is ideal for families, with reputable schools nearby. The location offers quick access to shopping, dining, healthcare, and recreational activities, making it a perfect spot for a relaxed, year-round, holiday-like lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
88%
$820K
4.8%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$165,000
-$10,191
-
Asking Price
$179,000
Estimated Purchase Price
$165,000
Stamp Duty
$4,020
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$16,500
Reg. Mortgage
$164
LMI Premium
$2,546
Renovation Costs
-
Total Cash/Equity Required
$25,426
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,381
$1,802
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
-$4,758
-$6,208
Interest Repayments
$9,801
$9,801
Net Cashflow Before Tax
-$14,559
-$16,009
Depreciation
-
-
Tax Offset
-$4,368
-$4,803
Net Cashflow After Tax
-$10,191
-$11,206
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$148,500
$148,500
-$148,500
-$148,500
Below are some similar properties in the area you may be interested in.
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 - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average 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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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