$499K
$78,751
Confidence
High
High
$535,000
Medium
$510,000
Low
$485,000
Confidence
Medium
"If living in an estate does not really suit your lifestyle, this may be the answer to your prayers. Ready to build on this elevated 4955 m2 block is away from the road, has a larger rural holding wrapping around it, and has beautiful views from the high side to the South with an ideal site for your new home. There is tank water and power to an existing dwelling, which has been utilized as temporary accommodation until a new home is constructed. At the rear of the property there is a dam, and the block has a lovely consistency of cleared and vegetated area, which gives it a peaceful, private, farmlet ambience. Just 3 kms or 6 mins to the main street conveniences of Branxton 4 kms or 7 mins to the Hunter Expressway Branxton Interchange 5kms or 8 mins to North Rothbury Huntlee shopping complex 15kms or 16 mins to Hunter Valley Wineries, Restaurants The Vintage Golf Course Enjoy the feeling of being miles from civilization but having all the convenience of local amenities so close."
-
79.1%
-
-
$15,000
-$11,898
3.7%
2.5%
-15.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$499,000
Estimated Purchase Price
$495,000
Stamp Duty
$17,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$49,500
Reg. Mortgage
$164
LMI Premium
$9,882
Renovation Costs
-
Total Cash/Equity Required
$78,752
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,016
$1,326
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
$12,406
$18,178
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$16,997
-$11,225
Depreciation
-
-
Tax Offset
-$5,099
-$3,368
Net Cashflow After Tax
-$11,898
-$7,858
Assumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$445,500
$445,500
$99,180
$539,152
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2021 Population
Suburbs
Mining - 39.0%
Retail Trade - 6.0%
Public Administration and Safety - 6.0%
Accommodation and Food Services - 5.0%
Others - 44.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price