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Withheld
$2,030
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Located just 39km west of Walcha and 50km northeast of Tamworth, this expansive 864.4Ha property offers an idyllic lifestyle. Perched atop a hill, the cozy 3-bedroom home features a bright kitchen, separate dining and living rooms, and a wood fire. The fertile basalt soil supports rolling hills and creek flats, perfect for agricultural pursuits. With 19 dams, a creek, and a bore, water supply is robust. Key infrastructure includes a large drive-through shed with stables, a wool shed, holding yards, and paddocks. Ideal for a thriving agricultural business, this property still offers room for development, awaiting its next steward as the current owners retire.
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
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
0%
73.7%
$990K
2.1%
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Try Picki for FREE$5,000
-$8,819
4.4%
Asking Price
-
Estimated Purchase Price
$445,000
Stamp Duty
$14,760
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$44,500
Reg. Mortgage
$164
LMI Premium
$8,884
Renovation Costs
-
Total Cash/Equity Required
$70,504
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,027
$1,340
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
$13,834
$20,213
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$12,599
-$6,220
Depreciation
-
-
Tax Offset
-$3,780
-$1,866
Net Cashflow After Tax
-$8,819
-$4,354
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$400,500
$400,500
$80,100
$468,310
