$799K
$133,695
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Try Picki for FREEConfidence
High
High
$875,000
Medium
$850,000
Low
$825,000
Confidence
Medium
$650/week
Street Statistics
Public Housing (%)
3.8%
Owner Occupiers (%)
70.7%
Median Street Sold Price
$740K
Median Street Rental Yield
4.9%
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Property
Very Good
Street
Very Good
Suburb
Average
Overall
Good
Under Market Value
-$25,000
Net Cashflow PA
-$17,640
Gross Yield
3.9%
Purchase Costs
Asking Price
$875,000
Estimated Purchase Price
$875,000
Stamp Duty
$34,110
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$87,500
Reg. Mortgage
$164
LMI Premium
$22,532
Renovation Costs
-
Total Cash/Equity Required
$146,501
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Expenses
Property Management
+7.7% PA
$2,603
$3,704
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
$26,774
$38,633
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$25,201
-$13,342
Depreciation
-
-
Tax Offset
-$7,560
-$4,003
Net Cashflow After Tax
-$17,640
-$9,340
Balance Sheet
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Try Picki for FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Liabilities
Loan Balance
I.O
$787,500
$787,500
Net Equity
$120,300
$853,586
Property Inspection Report
Property Overview
Experience modern living in the heart of Macksville’s premier estate with this exquisite two-story home. Featuring four spacious bedrooms upstairs, including a luxurious master with walk-in robe and ensuite, this home defines elegance. Downstairs, the open-plan layout combines relaxation and entertainment spaces, enhanced by sophisticated plantation shutters. The expansive backyard with side access is perfect for both leisure and play, while the large undercover merbau deck offers an ideal spot for al fresco dining. Secure your vehicles in the double car garage, and enjoy the short walk to St. Patrick's Primary School, making this a perfect family home. Don’t miss this chance to own a refined residence from Vance Estate Agents.
Inspection Checklist
- Verify the accuracy of property details and dimensions provided.
- Check the condition of the plantation shutters throughout the house.
- Inspect the open-plan living area for any signs of wear or potential repairs.
- Evaluate the size and orientation of the backyard, noting side access functionality.
- Examine the construction and maintenance of the merbau deck.
- Assess the condition and security of the double car garage.
- Confirm the proximity to St. Patrick's Primary School and other local amenities.
- Investigate any planned developments in the surrounding Macksville area.
Questions for Agent
- Can you provide more details about the construction year and any major renovations of the property?
- What is the exact size (in square meters) of the backyard and the deck?
- Are there any recent inspections or pest control treatments conducted on the property?
- Can you clarify any body corporate or homeowners’ association fees?
- What are the typical utility costs for the property (electricity, water, gas)?
- Are there noise concerns or specific community guidelines to be aware of in the neighborhood?
- Is the property part of any particular school zoning beyond St. Patrick’s Primary?
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Location Opportunity
Area of Nambucca statistics
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.
20,407
2021 Population
35
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Average
Health Care and Social Assistance - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
income growth
High
Average Income
COMMUTE TIME
142mins
73kms
Poor
Pr
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Li
Po
Population Growth
Average Population
SUPPLY vs POPULATION
Projected Population Growth
3.9%
projected
for 2025 to 2027
Average
Su
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1.4%
Average
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Excellent
Average Rental Yield
VACANCY RATE
Excellent
Average Vacancy Rate
Days of Supply
Very Good
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Very Good
Average Population
Pricing
Sold Price
Asking Price
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