$1.19M
$230,980
"Situated an easy 25 minute drive from Bathurst along sealed roads this 27 acre property is the ideal small farm. Lovingly cared for the home of Omaroo has been carefully designed to capture amazing district views. Features of Omaroo include 3 bedroom home with wrap around verandah All 3 bedrooms with built in robes Spacious living and dining area Split system air conditioner and wood fire Solar system 17m x 9m shed with power, concrete floor and attached carport Detached rumpus room Bore feeding trough, tubs and taps and large dam 4 water tanks providing ample rain water storage Fenced into 6 paddocks with lane way and mains power supported electric system and for easy stock movement. Sheep yards 3 open stables in day yards Chicken coop and dog run. Established trees including small orchard of apples, cherries and peaches. Within a peaceful setting and an abundance of features Omaroo is the perfect small farm close to Bathurst and Blayney. Proudly offered to the market in conjunction with Clements and McCarthy Bathurst To secure your inspection contact selling agent Michael Lund on 0427 033 033 Disclaimer All information contained herein has been gathered from outside sources who believe are reliable. Whilst we have no reason to doubt its accuracy, we cannot guarantee it."
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 9.0%
Others - 53.0%
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
-
79%
-
-
-$190,000
-$40,347
2.1%
1.6%
-17.5%
6.0%
Asking Price
$1,190,000
Estimated Purchase Price
$1,340,000
Stamp Duty
$56,755
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$134,000
Reg. Mortgage
$164
LMI Premium
$37,866
Renovation Costs
-
Total Cash/Equity Required
$230,980
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,064
$1,388
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
$21,957
$31,778
Interest Repayments
$79,596
$79,596
Net Cashflow Before Tax
-$57,639
-$47,818
Depreciation
-
-
Tax Offset
-$17,292
-$14,345
Net Cashflow After Tax
-$40,347
-$33,473
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$1,206,000
$1,206,000
$22,200
$1,014,293
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