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$130K
$22,417
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Try Picki for FREEConfidence
Medium
High
$140,000
Medium
$130,000
Low
$120,000
Confidence
Low
This vast property features a mix of hilly to steep grazing land and fertile valleys ideal for livestock. The land is sectioned into four main paddocks, supported by steel cattle yards and a settler's hut. With an extensive water supply from ten dams, creeks, and gullies, some of which are spring-fed, and bounded by new stock-proof fencing, it efficiently supports approximately 100-120 cows and calves. The property is situated in a secluded location, northeast of Tamworth, with access through a legal Right of Way easement.
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66.3%
-
-
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Try Picki for FREE-$10,000
-$8,904
-
Asking Price
$130,000
Estimated Purchase Price
$140,000
Stamp Duty
$3,145
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$14,000
Reg. Mortgage
$164
LMI Premium
$2,160
Renovation Costs
-
Total Cash/Equity Required
$21,665
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,404
-$5,746
Interest Repayments
$8,316
$8,316
Net Cashflow Before Tax
-$12,720
-$14,062
Depreciation
-
-
Tax Offset
-$3,816
-$4,219
Net Cashflow After Tax
-$8,904
-$9,844
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Year 1
Year 10
Property Value
6.8%
$138,840
$250,990
Loan Balance
I.O
$126,000
$126,000
$12,840
$124,990
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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...
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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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
