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$1.5M
$295,121
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Nestled within 66 acres of serene countryside, this property offers a unique lifestyle opportunity. Featuring an operational Macadamia farm, the land is well-suited for horse riding, livestock, and offers stunning views of Maclean township. The main house is a robust 4-bedroom, 2-bathroom structure complemented by a granny flat. Equipped with modern amenities, including a fireplace, air conditioning, and expansive verandas, the property ensures comfort through all seasons. Conveniently located, the site is 12 minutes from Maclean and 20 minutes from Grafton. With additional benefits like a large garage, sheds, and proximity to the Clarence River and scenic beaches, this property is perfect for both active retirees and families.
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80.9%
$970K
2.9%
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Try Picki for FREE-$340,000
-$46,486
2.5%
Asking Price
$1,500,000
Estimated Purchase Price
$1,690,000
Stamp Duty
$76,005
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$169,000
Reg. Mortgage
$164
LMI Premium
$47,756
Renovation Costs
-
Total Cash/Equity Required
$295,121
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
$1,042
$1,360
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
$33,978
$48,885
Interest Repayments
$100,386
$100,386
Net Cashflow Before Tax
-$66,408
-$51,501
Depreciation
-
-
Tax Offset
-$19,922
-$15,450
Net Cashflow After Tax
-$46,486
-$36,051
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,521,000
$1,521,000
-$79,200
$1,085,431
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Accommodation and Food Services - 10.0%
Public Administration and Safety - 9.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
