$650K
$119,181
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Nestled in the breathtaking hinterland of Upper Orara, this riverside property spans over 2 acres and offers a unique opportunity. Ideal for creatives, off-grid enthusiasts, and horse lovers, it features the Orara River, fertile grazing land, and panoramic mountain views. Fully fenced with ample water access, it's perfect for various ventures, from tiny homes to horse agistment. Only 15 minutes from the conveniences of Coffs Harbour, this property balances serene seclusion with easy urban access, making it a valuable prospect.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
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
Below are some similar properties in the area you may be interested in.
0%
76.6%
$885K
3.4%
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Try Picki for FREE-$50,000
-$17,231
3.3%
Asking Price
$650,000
Estimated Purchase Price
$700,000
Stamp Duty
$26,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$70,000
Reg. Mortgage
$164
LMI Premium
$18,025
Renovation Costs
-
Total Cash/Equity Required
$116,620
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
$1,257
$1,640
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
$16,964
$24,695
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$24,616
-$16,885
Depreciation
-
-
Tax Offset
-$7,385
-$5,066
Net Cashflow After Tax
-$17,231
-$11,820
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$630,000
$630,000
$64,200
$624,948