$2.2M
$438,978
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
This handcrafted timber home is nestled within a 5-acre flood-free sanctuary, overlooking the scenic Bellinger River and National Park. The main residence includes multiple cottages and studios, offering potential for family or income-generating opportunities. With 250m river frontage and unique gardens featuring rare species, this secluded estate is a serene escape. Located 30 minutes from Bellingen, it combines rustic charm with the convenience of nearby towns, schools, and natural attractions.
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71.4%
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-
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Try Picki for FREE$75,000
-$32,828
4.0%
Asking Price
$2,200,000
Estimated Purchase Price
$1,925,000
Stamp Duty
$88,930
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$192,500
Reg. Mortgage
$164
LMI Premium
$54,396
Renovation Costs
-
Total Cash/Equity Required
$338,186
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$67,448
$96,538
Interest Repayments
$114,345
$114,345
Net Cashflow Before Tax
-$46,897
-$17,807
Depreciation
-
-
Tax Offset
-$14,069
-$5,342
Net Cashflow After Tax
-$32,828
-$12,465
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,732,500
$1,732,500
$403,500
$2,128,880
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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
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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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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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