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$469K
$64,729
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Offering a registered 633m2 lot in Woopi Beach Estate, this property provides a level building pad with the potential for an east to northeast facing yard. Located on Portsea Crescent, just off Flat Top Drive, the site is positioned perfectly for easy access to Solitary Islands Marine Park and a short drive to both Woolgoolga Village and Coffs Harbour. With previous stages sold out due to high demand, this block presents an opportunity for building in a thriving community. The property offers large street frontage and a mostly level terrain ideal for immediate development.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
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
Below are some similar properties in the area you may be interested in.
0%
84.1%
$1.14M
161.4%
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Try Picki for FREE$40,000
-$7,525
4.8%
Asking Price
$469,000
Estimated Purchase Price
$410,000
Stamp Duty
$13,185
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$41,000
Reg. Mortgage
$164
LMI Premium
$8,185
Renovation Costs
-
Total Cash/Equity Required
$64,730
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,257
$1,640
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
$13,604
$19,913
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$10,750
-$4,441
Depreciation
-
-
Tax Offset
-$3,225
-$1,332
Net Cashflow After Tax
-$7,525
-$3,109
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$369,000
$369,000
$111,600
$499,810
