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$415K
$65,554
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Try Picki for FREEConfidence
High
High
$435,000
Medium
$415,000
Low
$395,000
Confidence
Medium
This 6.5-acre property at 20 Pindari Drive, Nemingah is a secluded retreat near Tamworth, offering a unique mix of peaceful bushland and modern convenience. Positioned on an elevated block, it provides stunning panoramic views of farmlands, mountain ranges, and the Kootingal area. With two building envelopes, owners have the flexibility to design their dream home. The property already has access to underground electricity and town water, making it easier to start construction. Experience privacy and adventure in a serene setting that's still close to Tamworth's amenities.
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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 - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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%
90.8%
$798K
0.2%
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-$8,579
4.4%
Asking Price
$415,000
Estimated Purchase Price
$415,000
Stamp Duty
$13,410
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$41,500
Reg. Mortgage
$164
LMI Premium
$8,285
Renovation Costs
-
Total Cash/Equity Required
$65,555
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
$1,027
$1,340
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
$12,395
$18,163
Interest Repayments
$24,651
$24,651
Net Cashflow Before Tax
-$12,256
-$6,488
Depreciation
-
-
Tax Offset
-$3,677
-$1,946
Net Cashflow After Tax
-$8,579
-$4,541
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Year 1
Year 10
Property Value
6.8%
$443,220
$801,236
Loan Balance
I.O
$373,500
$373,500
$69,720
$427,736
