Withheld
$161,015
Confidence
High
High
$1,840,000
Medium
$1,725,000
Low
$1,635,000
Confidence
Medium
"Phone Enquiry ID 227270 Have you ever dreamt of going offgrid, but didnt want to give up the luxuries of modernday living This unique, completely offgrid, home is fitted out with all the comforts of a new build. The double story, brick veneer home has its own standalone solar and battery system meaning you will never pay another power bill again. There is a splitsystem air conditioning unit in each of the three living areas giving you absolute comfort, and the ceramic cooktop and electric wall oven mean you never have to worry about the added expense of purchasing gas. The 2017 built, 4bedroom, home has been carefully designed to be as energy efficient as possible. The large northfacing skillion roof is packed with a solar hot water system and almost 12kw of solar panels which feed into the lithium battery bank. 3 x 22.600litre stainless steel water tanks mean you will never be short of water. There is also ample space to grow your own food. Two large, grassy flat areas each approximately 800 m2 are perfect for family gatherings or just to kick the footy with the kids. Ideal location. This easily manageable 1.17acre property on the highly sought after Bakers Road is perfect for anyone seeking the rural lifestyle without the hours of upkeep that often go with owning acreage. Snuggly positioned between 2 larger properties that back onto Mount Nullum, you can revel in the feeling of complete privacy. Relax knowing that all the conveniences of town are just a short 8minute drive away or less than 2 minutes to the Bray Park store if you forget anything. On Sunday mornings you could drive up the road to the Murwillumbah art gallery for brunch while overlooking the Tweed River. Breathtaking views The house has been carefully designed so that all 4 bedrooms and the main living area take in the stunning views which Bakers Road is renowned for. The large windows and stacker doors frame the lush, rolling green hills and mountain range to the north. There are 3 bedrooms upstairs coming off a central living area while downstairs there is the open plan kitchenliving area, a separate media or rumpus room, and the 4th bedroom. This is a true entertainers home. The 11m, saltwater lap pool runs beside the alfresco and main living area. Massive stacker doors can be opened so that you can entertain guests while watching the kids. At night, you could go for a quiet dip in the litup pool or chill out in the cabana. Inside, there is plenty of space for entertaining guests around the large galley style kitchen while the butlers pantry keeps all your appliances out of sight. Features Breathtaking views of green rolling farmland. Ideal location 8 minutes to town centre yet rural. Only 7 years old, completed in 2017. Offgrid living 12kw solar panels and 20kwh lithium battery bank. 3 x 22,600ltr stainless steel water tanks. NBN internet. 11m fiberglass lap pool and cabana. Split system air conditioning in all living areas. Ceiling fans in all rooms. 2 x large, grassed playentertaining areas. Stone benchtops throughout. Murwillumbah art gallery nearby."
-
80.4%
-
-
$105,000
-$43,159
2.6%
2.1%
-15.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,750,000
Estimated Purchase Price
$1,620,000
Stamp Duty
$72,155
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$162,000
Reg. Mortgage
$164
LMI Premium
$45,778
Renovation Costs
-
Total Cash/Equity Required
$282,293
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$42,640
$60,690
Property Management
+7.7% PA
$3,283
$4,673
Rates
+3.0% PA
$1,407
$1,836
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
$34,573
$49,775
Interest Repayments
$96,228
$96,228
Net Cashflow Before Tax
-$61,655
-$46,453
Depreciation
-
-
Tax Offset
-$18,497
-$13,936
Net Cashflow After Tax
-$43,159
-$32,517
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,842,300
$3,330,440
Loan Balance
I.O
$1,458,000
$1,458,000
$384,300
$1,872,440
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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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price