$1.2M
$191,144
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Try Picki for FREEConfidence
Medium
High
$1,200,000
Medium
$1,050,000
Low
$900,000
Confidence
Low
Escape the chaos with this expansive, private, off-grid working farm, spanning 183.71 hectares, featuring six titles, a solar-passive Hebel home, and abundant water resources. The property boasts frontage to Taits Creek, three dams, and six water tanks, ensuring a sustainable lifestyle. It has a carrying capacity of 80 breeders, with potential for additional dwellings and possible subdivision. Modern amenities include an upgraded off-grid power system, Starlink, and Vast TV. Located 40 minutes west of Kempsey, the property includes a machinery shed, cattle yards, and vegetable gardens, offering a rare opportunity for serene, self-sufficient living.
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90.6%
-
-
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Try Picki for FREE-$90,000
-$23,699
3.6%
Asking Price
$1,200,000
Estimated Purchase Price
$1,140,000
Stamp Duty
$46,035
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$114,000
Reg. Mortgage
$164
LMI Premium
$32,214
Renovation Costs
-
Total Cash/Equity Required
$194,609
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,160
$1,514
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
$33,860
$48,731
Interest Repayments
$67,716
$67,716
Net Cashflow Before Tax
-$33,856
-$18,985
Depreciation
-
-
Tax Offset
-$10,157
-$5,696
Net Cashflow After Tax
-$23,699
-$13,290
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,026,000
$1,026,000
$95,400
$1,001,224
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % Change in Median House Prices (Prev. Quarter)
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Average Days of Supply
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Average Population
Sold Price
Asking Price