Withheld
$2,030
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$925,000
Medium
$875,000
Low
$825,000
Confidence
High
Discover 56 Buchannans Road, Coffs Harbour, a property where lifestyle meets opportunity. Only minutes from town, this versatile offering boasts dual living potential with a 3-bedroom home and separate 2-bedroom apartment. Business amenities include extensive sheds and a large parking yard suited for a home-based business. The property spans 8.9 acres with a spring-fed dam and 15ML water licence, ensuring water security. Approved infrastructure on-site is poised for further development, while expansive land offers privacy and room for growth. Ideal for a family home, business headquarters, or dual-income investment. Don't miss this opportunity.
Trusted by over 13k property buyers and counting...
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69.5%
$640K
4.9%
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Try Picki for FREE$15,000
-$7,085
5.7%
Asking Price
-
Estimated Purchase Price
$860,000
Stamp Duty
$33,435
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$86,000
Reg. Mortgage
$164
LMI Premium
$22,145
Renovation Costs
-
Total Cash/Equity Required
$143,940
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
Rates
+3.0% PA
$1,257
$1,640
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
$40,962
$58,851
Interest Repayments
$51,084
$51,084
Net Cashflow Before Tax
-$10,122
$7,767
Depreciation
-
-
Tax Offset
-$3,037
$2,330
Net Cashflow After Tax
-$7,085
$5,437
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$774,000
$774,000
$160,500
$915,354
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price