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$1000K
$167,845
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Try Picki for FREEConfidence
Medium
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Not Found
This remarkable rural property sprawls over 94.90Ha in Upper Corindi's highly sought-after RU2 Rural Landscape Zone. Just a short drive from the vibrant Arrawarra Beach, this north-facing land balances lifestyle and agricultural opportunities. It includes a timber loft-style cottage with two verandas, two bedrooms, and open-plan living, accompanied by a 3-bay locked garage. For additional living, a secondary accommodation resides in the nearby shed. Equipped with three water tanks, a large central dam, and partial fencing, this property is ideal for hobby farming or cattle production. Discover the tranquility of this private bushland retreat, just 15 minutes from the coast.
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82.2%
$1.51M
178.5%
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Try Picki for FREE$50,000
-$44,673
-
Asking Price
$1,000,000
Estimated Purchase Price
$1,000,000
Stamp Duty
$39,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$100,000
Reg. Mortgage
$164
LMI Premium
$25,750
Renovation Costs
-
Total Cash/Equity Required
$167,845
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,042
$1,360
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
-$4,419
-$5,766
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$63,819
-$65,166
Depreciation
-
-
Tax Offset
-$19,146
-$19,550
Net Cashflow After Tax
-$44,673
-$45,616
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$900,000
$900,000
$221,400
$1,127,224
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Accommodation and Food Services - 10.0%
Public Administration and Safety - 9.0%
Others - 53.0%
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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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Days of Supply
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Average Population
Sold Price
Asking Price
