$2.6M
$414,238
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Try Picki for FREEConfidence
High
High
$2,700,000
Medium
$2,500,000
Low
$2,300,000
Confidence
Medium
This peaceful 52.37-hectare sanctuary near Die Happy State Forest offers a one-of-a-kind living experience. A bespoke timber home showcases panoramic views of Gondwana National Park Ranges. Crafted with locally sourced timbers, the residence spans four levels, featuring fireplaces, a wraparound veranda, and a luxurious main bedroom retreat. Alongside its natural beauty, the property includes a saltwater pool, a roaming dam and creek, and close access to the Bellinger River. A separate two-bedroom cabin with new amenities provides further privacy. The property is conveniently near two schools and is equipped for off-grid living.
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71.4%
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Try Picki for FREE$95,000
-$62,865
2.6%
Asking Price
$2,600,000
Estimated Purchase Price
$2,405,000
Stamp Duty
$115,330
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$240,500
Reg. Mortgage
$164
LMI Premium
$67,960
Renovation Costs
-
Total Cash/Equity Required
$426,150
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,169
$1,525
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
$53,049
$76,044
Interest Repayments
$142,857
$142,857
Net Cashflow Before Tax
-$89,808
-$66,813
Depreciation
-
-
Tax Offset
-$26,942
-$20,044
Net Cashflow After Tax
-$62,865
-$46,769
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,670,000
$4,826,725
Loan Balance
I.O
$2,164,500
$2,164,500
$505,500
$2,662,225
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 10.0%
Retail Trade - 10.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 56.0%
Average Income
Monthly % Change in Median House Prices (Prev. Quarter)
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