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$199K
$30,691
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$260,000
Medium
$220,000
Low
$180,000
Confidence
Not Applicable
Discover a serene lifestyle with this 993 sqm northeast facing block in Lowanna. The land offers beautiful rural views and is ideal for building your dream home. Enjoy easy access to National Parks and the peaceful atmosphere of a growing village with essential amenities. Only 40 minutes from Coffs Harbour, this block provides a perfect blend of rural charm and coastal convenience. With increasing popularity due to its cooler climate and new developments, Lowanna offers an ideal escape from bustling city life.
Trusted by over 13k property buyers and counting...
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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
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.
0%
79.1%
$308K
9.5%
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Try Picki for FREE$20,000
-$11,560
-
Asking Price
$199,000
Estimated Purchase Price
$200,000
Stamp Duty
$5,245
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$20,000
Reg. Mortgage
$164
LMI Premium
$3,086
Renovation Costs
-
Total Cash/Equity Required
$30,691
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,257
$1,640
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
-$4,634
-$6,046
Interest Repayments
$11,880
$11,880
Net Cashflow Before Tax
-$16,514
-$17,926
Depreciation
-
-
Tax Offset
-$4,954
-$5,378
Net Cashflow After Tax
-$11,560
-$12,548
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$234,960
$424,752
Loan Balance
I.O
$180,000
$180,000
$54,960
$244,752
