$770K
$115,766
"To enquire, please email or call 1300 815 051 and enter code 2553 110 acres of coastal bushland with potential of two dwelling entitlements 15 minutes to Crescent Head Surf Reserve. The property is 7 km as the crow flies from the beaches of Hat Head National Park Hungry Head and is cooled by the easterly breeze and sounds of the sea. There is 105 acres of timbered wet sclerophyll bushland Tallowwood, Blackbutt, Grey gum, Mahogany and 5 acres cleared around the two insulated sheds 1x17x8metres and 1x10x10metres. The sheds are grey colorbond and fully insulated. The studio shed is North facing has sliding glass doors and a fireplace. There are large shades around the studio. There is also a large deep dam that you can swim in on a hot day, which provides water to the vegetable garden. The vegetable garden consists of 4 large, raised beds and is watered by a solar pump, all surrounded by a wildlifeproof cage. There are established fruit trees and plastic water tanks of 30,000 litre holding capacity . The John Deere Mower and the septic tank equipment are part of the deal . Verges Creek runs through the property from the southwest corner to the northwest west corner and provides livestock water all year round. The property is fully fenced with cattle proof fencing. Only 15 kms to town and yet surrounded by native wildlife koalas, wallabies, kangaroos, possums, birds and gliders. Very peaceful and yet central to all your needs for shops and surf. Land like this, close to the beach , is getting hard to find so dont miss out on this fabulous lifestyle block situated in a friendly young community. To enquire, please email or call 1300 815 051 and enter code 2553"
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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 - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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
-
85.9%
-
-
$40,000
-$36,856
-
-
-27.2%
6.0%
Asking Price
$850,000
Estimated Purchase Price
$810,000
Stamp Duty
$31,185
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$81,000
Reg. Mortgage
$164
LMI Premium
$20,858
Renovation Costs
-
Total Cash/Equity Required
$135,403
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,537
-$5,920
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$52,651
-$54,034
Depreciation
-
-
Tax Offset
-$15,795
-$16,210
Net Cashflow After Tax
-$36,856
-$37,824
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$729,000
$729,000
$178,800
$912,086
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