$425K
$74,627
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$475,000
Medium
$425,000
Low
$375,000
Confidence
Not Applicable
Secure your slice of paradise at Wallaby Park with this expansive 1.58ha (approximately 3.9 acres) block. Registered and ready to build, craft your dream home with breathtaking rural views. Conveniently located 9km from Macksville and a short drive to stunning beaches at Scotts Head and Nambucca Heads. Featuring undulating land, sealed road access, rural fencing, and underground power, this property offers both tranquility and connectivity.
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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%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
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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Trusted by over 13,000 property buyers and counting...
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
0%
92.8%
$436K
7.8%
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Try Picki for FREE-$30,000
-$22,015
-
Asking Price
$425,000
Estimated Purchase Price
$455,000
Stamp Duty
$15,210
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$45,500
Reg. Mortgage
$164
LMI Premium
$9,084
Renovation Costs
-
Total Cash/Equity Required
$72,153
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,046
$1,365
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
-$4,423
-$5,771
Interest Repayments
$27,027
$27,027
Net Cashflow Before Tax
-$31,450
-$32,798
Depreciation
-
-
Tax Offset
-$9,435
-$9,839
Net Cashflow After Tax
-$22,015
-$22,959
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$409,500
$409,500
$44,400
$411,043