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$590K
$97,837
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Try Picki for FREEConfidence
Medium
High
$660,000
Medium
$620,000
Low
$580,000
Confidence
High
This modern home, built in 2021, offers tranquility and privacy, surrounded by both native and exotic gardens. The light-filled residence features open plan living with reverse cycle air conditioning and a modern kitchen with stainless steel appliances. It includes two bedrooms with built-in robes, a main bedroom with ensuite, reverse cycle air conditioning, and direct outdoor access. Vinyl plank flooring is hypoallergenic, and the property boasts multiple outdoor seating areas amidst the gardens. Additional amenities include a spacious main bathroom, oversized lock-up garage with storage, a 3kw solar system, and solar hot water. Positioned in a quiet cul-de-sac, it's near schools, a country club, and just a short drive from Macksville CBD.
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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
3.8%
70.7%
$740K
4.9%
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Try Picki for FREE$20,000
-$13,261
3.8%
Asking Price
$600,000
Estimated Purchase Price
$600,000
Stamp Duty
$21,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$60,000
Reg. Mortgage
$164
LMI Premium
$15,450
Renovation Costs
-
Total Cash/Equity Required
$99,545
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
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
$16,695
$24,287
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$18,945
-$11,353
Depreciation
-
-
Tax Offset
-$5,683
-$3,406
Net Cashflow After Tax
-$13,261
-$7,947
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$540,000
$540,000
$122,160
$657,028
