$1.65M
$307,949
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
N/A
Lot 3 Pacific Highway, Eungai Creek offers an enticing blend of tranquil living and income generation. Spread across 34.26 hectares of undulating land, this macadamia farm yields 40 tonnes annually, providing a steady revenue stream. With approximately 4,800 macadamia trees planted, alongside a dam, spring-fed creek, and fertile soil, the property is an agricultural haven. The open bay shed and essential facilities enhance the farm's efficiency, while the dwelling entitlement allows for potential dream home construction. Its prime location offers accessibility to nearby towns and beaches, making it an ideal opportunity for farming or lifestyle pursuits.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
84.5%
$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