$549K
-
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Try Picki for FREEConfidence
Medium
High
$659,000
Medium
$549,000
Low
$439,000
Confidence
Not Found
Spanning 154 acres or 62.72 hectares, this vacant property offers an unparalleled opportunity to design and build your dream farm. It features 360-degree views of picturesque mountains, valleys, and untouched Aussie bushland. Located approximately 8.8 km from town, the property offers a mix of cleared grazing land and natural bush, with direct access to Dunggir National Park for outdoor activities like motorbiking, horse riding, and bushwalking. With a north-east aspect for your future home and easy access from Lower Buckrabendinni Road, this blank canvas awaits your vision.
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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%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
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
0%
66.8%
-
-
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Try Picki for FREE$55,000
-$23,678
-
Asking Price
$549,000
Estimated Purchase Price
$495,000
Stamp Duty
$17,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$49,500
Reg. Mortgage
$164
LMI Premium
$9,882
Renovation Costs
-
Total Cash/Equity Required
$78,752
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,046
$1,365
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
-$4,423
-$5,771
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$33,826
-$35,174
Depreciation
-
-
Tax Offset
-$10,148
-$10,552
Net Cashflow After Tax
-$23,678
-$24,622
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$445,500
$445,500
$141,900
$616,379