$2.2M
$414,238
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$2,400,000
Medium
$2,100,000
Low
$1,800,000
Confidence
Not Applicable
Discover Shephards, a breathtaking hinterland property offering 83.7 hectares of idyllic landscapes and plateau views, just 10 minutes from Dorrigo. With fertile red basalt soils and improved pastures, this estate boasts 2.95 km of river frontage, excellent trout fishing, and sustainable water supply with a solar-powered system. It features well-maintained cattle yards, adaptable fencing, and 10 rotational grazing paddocks. Embrace sensational views, reliable mobile reception, and multiple building sites, all within a desirable climate and close to the vibrant towns of Bellingen, Coffs Harbour, and Armidale.
Trusted by over 13k property buyers and counting...
Try Picki for FREEBelow are some similar properties in the area you may be interested in.
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 - 15.0%
Accommodation and Food Services - 10.0%
Retail Trade - 10.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 56.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
79.1%
$1.25M
1.7%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$240,000
-$100,479
-
Asking Price
$2,200,000
Estimated Purchase Price
$2,340,000
Stamp Duty
$111,755
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$234,000
Reg. Mortgage
$164
LMI Premium
$66,123
Renovation Costs
-
Total Cash/Equity Required
$414,238
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,169
$1,525
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
-$4,546
-$5,931
Interest Repayments
$138,996
$138,996
Net Cashflow Before Tax
-$143,542
-$144,927
Depreciation
-
-
Tax Offset
-$43,063
-$43,478
Net Cashflow After Tax
-$100,479
-$101,449
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,242,800
$4,054,449
Loan Balance
I.O
$2,106,000
$2,106,000
$136,800
$1,948,449