The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$570,924
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$3,600,000
Medium
$3,400,000
Low
$3,200,000
Confidence
Medium
Discover a hidden gem on the Tweed Coast—this 100-year-old elevated weatherboard home is nestled against the scenic ridges, with breathtaking easterly views. Minutes from Cabarita Beach and a short drive to Byron Bay and Coolangatta Airports, the property spans expansive acres perfect for agriculture. Zoned RU2 Rural Landscape, it offers versatility for pursuits like animal grazing, ecotourism, and more. Currently hosting 50 cattle, it holds potential for 75. Whether it's for your dream home, farming, or business, this peaceful paradise is ripe for opportunity.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
78.8%
$1.39M
3.1%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$40,000
-$102,741
1.9%
Asking Price
$3,550,000
Estimated Purchase Price
$3,360,000
Stamp Duty
$167,855
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$336,000
Reg. Mortgage
$164
LMI Premium
$94,946
Renovation Costs
-
Total Cash/Equity Required
$601,161
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,407
$1,836
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
$52,811
$75,734
Interest Repayments
$199,584
$199,584
Net Cashflow Before Tax
-$146,773
-$123,850
Depreciation
-
-
Tax Offset
-$44,032
-$37,155
Net Cashflow After Tax
-$102,741
-$86,695
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$3,631,200
$6,564,346
Loan Balance
I.O
$3,024,000
$3,024,000
$607,200
$3,540,346
Below are some similar properties in the area you may be interested in.
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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
