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$850K
$155,039
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Try Picki for FREEConfidence
High
High
$840,000
Medium
$780,000
Low
$720,000
Confidence
Medium
Discover the ideal blend of country charm and town convenience with this well-maintained 3-bedroom home. Positioned in a tranquil cul-de-sac, this property spans a vast 6,494 sqm (approximately 1.6 acres) and is just a short stroll from the town center, sports fields, and the picturesque Nambucca River. Boasting a modern kitchen, spacious covered verandas, and essential comforts like air conditioning and a wood fire heater, this home suits all seasons. With a 3-bay powered shed for your needs, a fully fenced yard, and an additional paddock, it offers ample space for various activities and pursuits.
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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 - 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
7.4%
70.3%
$820K
3.7%
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Try Picki for FREE-$115,000
-$21,832
3.2%
Asking Price
$850,000
Estimated Purchase Price
$895,000
Stamp Duty
$35,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$89,500
Reg. Mortgage
$164
LMI Premium
$23,047
Renovation Costs
-
Total Cash/Equity Required
$149,916
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,975
$31,801
Interest Repayments
$53,163
$53,163
Net Cashflow Before Tax
-$31,188
-$21,362
Depreciation
-
-
Tax Offset
-$9,356
-$6,409
Net Cashflow After Tax
-$21,832
-$14,953
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$805,500
$805,500
$27,540
$700,438
