$470K
$67,204
"Located only 25 minutes from town and with tar road frontage, this 42.93 HA 106 acres vacant bush block would be a perfect weekender, or a great spot to build your dream home with elevated homesites offering fantastic rural views, power is available on site, there are two small dams, and some cleared land for a horse or a house cow. Very convenient location only 5 minutes from Willawarrin. DISCLAIMER The information provided has been furnished to us by the vendors. We have not verified whether or not that information is accurate and do not have any belief in one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than to pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate. Property Code 1574"
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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%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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
-
79.5%
-
-
-$435,000
-$21,263
-
-
-30.9%
-
Asking Price
$470,000
Estimated Purchase Price
$435,000
Stamp Duty
$14,310
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$43,500
Reg. Mortgage
$164
LMI Premium
$8,684
Renovation Costs
-
Total Cash/Equity Required
$68,854
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,160
$1,514
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
-$4,537
-$5,920
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$30,376
-$31,759
Depreciation
-
-
Tax Offset
-$9,113
-$9,528
Net Cashflow After Tax
-$21,263
-$22,231
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$391,500
$391,500
-$391,500
-$391,500
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