$1.65M
-
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Low
Lot 3 Pacific Highway, Eungai Creek is a 90-acre macadamia farm with income potential. It features 4,800 macadamia trees planted between 2009 and 2012. The property includes a dam, a spring-fed creek, and fertile soil, ideal for various high-value crops. Facilities include an open bay shed for machinery storage. Located on the east coast of the Nambucca Valley, it offers proximity to Macksville and Coffs Harbour, and it has dwelling entitlement options. The farm is well-positioned for further agricultural development or residence.
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68.4%
$635K
3.8%
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Try Picki for FREE-$185,000
-$75,237
-
Asking Price
$1,650,000
Estimated Purchase Price
$1,735,000
Stamp Duty
$78,480
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$173,500
Reg. Mortgage
$164
LMI Premium
$49,027
Renovation Costs
-
Total Cash/Equity Required
$303,367
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,423
-$5,771
Interest Repayments
$103,059
$103,059
Net Cashflow Before Tax
-$107,482
-$108,830
Depreciation
-
-
Tax Offset
-$32,245
-$32,649
Net Cashflow After Tax
-$75,237
-$76,181
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,561,500
$1,561,500
$93,900
$1,431,069
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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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
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Sold Price
Asking Price