Withheld
$58,956
"Bemurrah Homestead, nestled in the hinterland of the Macleay Valley on the Mid North Coast of New South Wales is a true oasis offering a blend of coastal lifestyle and rural investment opportunities. Just a stone throw from the historical town of Bellbrook, Bemurrah spans 100.2 Ha 247.5 acres and is currently part of a working cattle operation and also has a very popular established farm stay accommodation arm to it which creates another consistent income stream, making it a unique prospect for those seeking a change of pace. This stunning property boasts a 4 bedroom homestead that provides a one of a kind experience, allowing residents to bask in the beauty of the Macleay River as it flows gracefully below. The panoramic views of the mountains and river are simply breathtaking, offering a serene and secluded retreat from the hustle and bustle of everyday life. Bemurrah truly is in a world of its own, where you can unwind on the deck, sit, survey and appreciate all that surrounds you. Bemurrah is the perfect combination of natural beauty, work, rest and play with fishing, kayaking, water activities of all types, bushwalking, horse riding or just doing absolutely nothing at all. Whether it is a total lifestyle change, rural pursuit, investment or just your own private getaway that you are looking for then Bemurrah can offer the lot."
Below are some similar properties in the area you may be interested in.
10.6%
68.9%
$617K
4%
$10,000
-$12,311
4.1%
3.1%
-12.2%
6.0%
Asking Price
-
Estimated Purchase Price
$610,000
Stamp Duty
$22,185
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$61,000
Reg. Mortgage
$164
LMI Premium
$15,708
Renovation Costs
-
Total Cash/Equity Required
$101,253
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,014
$1,323
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
$18,647
$27,061
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$17,587
-$9,173
Depreciation
-
-
Tax Offset
-$5,276
-$2,752
Net Cashflow After Tax
-$12,311
-$6,421
Assumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$549,000
$549,000
$113,160
$648,028
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Others - 100.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price