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$995K
$191,144
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,200,000
Medium
$1,050,000
Low
$900,000
Confidence
Not Found
This unique property offers approximately 66 acres of fertile alluvial river flats with around 1.7km of frontage to both the Nambucca River and Partridge Creek, perfect for year-round leisure on the water. The land has a dwelling entitlement, allowing you to design and build your dream home with town water and power readily available. Ideal for agriculture, such as horses, cattle, or cropping, it is well connected via a sealed road and centrally located between the towns of Nambucca Heads, Macksville, and Bowraville, with Coffs Harbour just a 45-minute drive. While two existing homes on the site are in poor condition and require removal, the property has remained flood-free for 45 years according to the current owners.
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77.8%
-
-
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Try Picki for FREE-$190,000
-$54,655
-
Asking Price
$1,100,000
Estimated Purchase Price
$1,240,000
Stamp Duty
$51,255
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$124,000
Reg. Mortgage
$164
LMI Premium
$35,040
Renovation Costs
-
Total Cash/Equity Required
$212,655
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
$73,656
$73,656
Net Cashflow Before Tax
-$78,079
-$79,427
Depreciation
-
-
Tax Offset
-$23,424
-$23,828
Net Cashflow After Tax
-$54,655
-$55,599
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,116,000
$1,116,000
$5,400
$911,224
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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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Trusted by over 13,000 property buyers and counting...
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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)
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Average Days of Supply
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Average Population
Sold Price
Asking Price
