$550K
$78,751
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High
-
Medium
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Low
-
Confidence
Escape to a 50-acre countryside retreat in the Neringla Valley, featuring the serene Moodong Creek. This land offers a perfect weekend campsite with a comfortable weekender, eliminating the hassle of tent setup. Located 20 minutes from Araluen Pub and 45 minutes from Braidwood, this property, ideal for families and pets, offers an opportunity to unwind in nature. Note: The property lacks a building permit.
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90.8%
$1.35M
2.3%
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Try Picki for FREE$40,000
-$9,247
4.6%
Asking Price
$550,000
Estimated Purchase Price
$510,000
Stamp Duty
$17,685
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$51,000
Reg. Mortgage
$164
LMI Premium
$10,182
Renovation Costs
-
Total Cash/Equity Required
$81,226
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,137
$1,484
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
$17,084
$24,851
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$13,210
-$5,443
Depreciation
-
-
Tax Offset
-$3,963
-$1,633
Net Cashflow After Tax
-$9,247
-$3,810
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$459,000
$459,000
$128,400
$602,879
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2021 Population
Suburbs
Construction - 15.0%
Public Administration and Safety - 13.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 9.0%
Others - 53.0%
Average Income
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projected
for 2024 to 2026
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Average Days of Supply
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