$430K
$60,605
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Discover your own private bush retreat located just 14 minutes from Bowraville. This expansive 60-acre property offers a serene escape with a cleared building pad and a reliable access road. A studio is already on site, accompanied by a poly water tank and garden shed. With its prime location and building entitlement, this plot is perfect for creating a personal haven close to town yet enveloped in nature's embrace. Reach out to the local agency in Nambucca Heads for more details or to arrange a viewing.
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75.3%
$883K
2.4%
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Try Picki for FREE$45,000
-$8,177
4.5%
Asking Price
$450,000
Estimated Purchase Price
$405,000
Stamp Duty
$12,960
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$40,500
Reg. Mortgage
$164
LMI Premium
$8,085
Renovation Costs
-
Total Cash/Equity Required
$63,905
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$12,376
$18,139
Interest Repayments
$24,057
$24,057
Net Cashflow Before Tax
-$11,681
-$5,918
Depreciation
-
-
Tax Offset
-$3,504
-$1,776
Net Cashflow After Tax
-$8,177
-$4,143
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$364,500
$364,500
$116,100
$504,310
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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...
Try Picki for FREEAverage Population
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
No data available
Average Population
Sold Price
Asking Price