$595K
$111,498
Confidence
High
High
$625,000
Medium
$595,000
Low
$565,000
Confidence
Medium
"Lot 88 Verdun Drive Sancrox forms part of Stage 4 in Riverpark Sancrox a prestige rural estate enjoying reserve frontage to the majestic Hastings River. The Vendor Company has made significant price reductions to their remaining four allotments in Stage 4 before the commencement of Stage 5. 1.155ha 2.85 acres A private battleaxe allotment with a near levelbuilding site and offering a bushy outlook Services include 3 phase underground electricity, town water and NBN Community Title Estate Registered and ready for building. Riverpark Sancrox is an exclusive rural riverside estate, just 20 minutes from Port Macquarie and its sensational beaches. Conveniently located within 10 minutes drive to Sovereign Place shopping and dining precinct in nearby Sovereign Hills, including IGA Supermarket, pharmacy, cafes and more, as well as high school and day care centres. With close proximity to a major regional centre and its stunning coastline, youre close to everything, yet tucked away on acreage that seems worlds away. Riverpark Sancrox a lifestyle without compromise. View property video here bit.lylot88verdundr. For more information visit www.riverparksancrox.com.au. Please refer to our website for full privacy policy and disclaimer."
-
67.1%
-
-
$45,000
+
13.2%
11.4%
23.9%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$595,000
Estimated Purchase Price
$550,000
Stamp Duty
$19,485
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$55,000
Reg. Mortgage
$164
LMI Premium
$10,980
Renovation Costs
-
Total Cash/Equity Required
$87,825
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$72,800
$103,617
Property Management
+7.7% PA
$5,606
$7,979
Rates
+3.0% PA
$1,174
$1,532
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
$62,643
$89,701
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
$29,973
$57,031
Depreciation
-
-
Tax Offset
$8,992
$17,109
Net Cashflow After Tax
$20,981
$39,921
Assumptions
Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$495,000
$495,000
$140,460
$653,760
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Accommodation and Food Services - 10.0%
Education and Training - 10.0%
Others - 50.0%
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