Withheld
$17,152
Confidence
Medium
High
$740,000
Medium
$665,000
Low
$590,000
Confidence
High
"Nestled just a short drive from Moruya CBD is an amazing opportunity to purchase a large acreage in a prime location. On the market for the first time is the very wellknown property that has access to Racecourse Creek which follows part of the boundary and cuts back through the property. The property offers a three bedroom house that has an open plan setting with a large country style kitchen and extended dining area that was filled with family and friends over the years. North facing sun flows through the windows and its the perfect spot to sit and enjoy the lovely outlook. The lounge room is also generous in size and completes this family home. The home is situated at the front of a significant acreage of approximately 45acres of land that is zoned Primary Production. Large shed that can house trucks, horse floats, machinery as well as many other smaller sheds for feed and essentials. This is an ideal opportunity to have horses and cattle with separate paddocks and with ease of access for transport. Property features 3phase power to Shed Approximately 45acres 3 minutes to Moruya CBD 7 minutes to Moruya Surf Club Stockyards If you are interested in an inspection, please call me today to arrange. Disclaimer All information contained herein is obtained from property owners or thirdparty sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested persons should rely on their own enquiries."
-
71.4%
-
-
$40,000
-$13,961
3.7%
2.8%
-13.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$625,000
Stamp Duty
$22,860
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$62,500
Reg. Mortgage
$164
LMI Premium
$16,094
Renovation Costs
-
Total Cash/Equity Required
$103,814
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,041
$1,358
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
$17,180
$24,976
Interest Repayments
$37,125
$37,125
Net Cashflow Before Tax
-$19,945
-$12,149
Depreciation
-
-
Tax Offset
-$5,983
-$3,645
Net Cashflow After Tax
-$13,961
-$8,504
Assumptions
Year 1
Year 10
Property Value
6.8%
$710,220
$1,283,909
Loan Balance
I.O
$562,500
$562,500
$147,720
$721,409
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 15.0%
Accommodation and Food Services - 12.0%
Education and Training - 9.0%
Others - 48.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price