$220K
$30,691
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Try Picki for FREEConfidence
Medium
High
$240,000
Medium
$220,000
Low
$200,000
Confidence
N/A
Discover a unique opportunity to invest in a 2264m2 bushland block nestled in a tranquil lakeside location. This plot offers immense potential as a land banking investment. While currently unset for building with no utilities, its strategic positioning makes it highly appealing. Located just 8km from Toronto CBD and 7km from Awaba station, you have easy access to city amenities, transit to Newcastle or Sydney, and quick connections to the M1 at Morisset. Experience the serene landscape of one of the Southern Hemisphere's largest saltwater lakes. Seize this chance to secure affordable lakeside land before prices rise.
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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
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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
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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
0%
88%
$820K
4.8%
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Try Picki for FREE$15,000
-$11,855
-
Asking Price
$220,000
Estimated Purchase Price
$205,000
Stamp Duty
$5,420
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$20,500
Reg. Mortgage
$164
LMI Premium
$3,163
Renovation Costs
-
Total Cash/Equity Required
$31,443
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
$12,177
$12,177
Net Cashflow Before Tax
-$16,935
-$18,385
Depreciation
-
-
Tax Offset
-$5,081
-$5,516
Net Cashflow After Tax
-$11,855
-$12,870
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$234,960
$424,752
Loan Balance
I.O
$184,500
$184,500
$50,460
$240,252