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$980K
$175,529
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High
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Medium
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Low
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Confidence
Live right on the river in a stunning 3-bedroom home at Macksville, NSW. The house provides breathtaking river and mountain views, and it's set high above the flood zone. Located within walking distance to Macksville CBD and a short drive from local beaches, this property is perfect for those who love outdoor activities like fishing and canoeing. The house boasts spacious bedrooms with built-ins, renovated bathrooms, and a timber kitchen with quality appliances. Enjoy two large living areas, ducted air-conditioning, and a cozy gas fireplace. Added features include privacy hedging, a double garage, and secure storage below.
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Try Picki for FREELocation, 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
Below are some similar properties in the area you may be interested in.
7.4%
70.3%
$820K
3.7%
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Try Picki for FREE-$110,000
-$27,445
2.8%
Asking Price
$980,000
Estimated Purchase Price
$1,030,000
Stamp Duty
$41,085
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$103,000
Reg. Mortgage
$164
LMI Premium
$26,523
Renovation Costs
-
Total Cash/Equity Required
$172,968
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,975
$31,801
Interest Repayments
$61,182
$61,182
Net Cashflow Before Tax
-$39,207
-$29,381
Depreciation
-
-
Tax Offset
-$11,762
-$8,814
Net Cashflow After Tax
-$27,445
-$20,566
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$927,000
$927,000
$55,560
$849,235
