$489K
$79,576
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Try Picki for FREEConfidence
High
High
$490,000
Medium
$460,000
Low
$430,000
Confidence
Medium
This prime parcel of land offers the perfect opportunity to build your dream home, complete with a north-west aspect for optimal livability. Positioned in a quality neighborhood, this elevated lot promises stunning views of a nature reserve and benefits from completed excavation work, saving you costs on construction. Enjoy natural sunlight throughout the year and cooling north-east breezes. The location is a short drive from Sawtell Village, with its beaches and estuaries, and provides easy access to the Pacific Highway and Coffs Harbour.
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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 - 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
1.1%
82.6%
$870K
4.9%
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Try Picki for FREE-$40,000
-$11,267
4.0%
Asking Price
$489,000
Estimated Purchase Price
$500,000
Stamp Duty
$17,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$50,000
Reg. Mortgage
$164
LMI Premium
$9,982
Renovation Costs
-
Total Cash/Equity Required
$79,577
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
$29,700
$29,700
Net Cashflow Before Tax
-$16,096
-$9,787
Depreciation
-
-
Tax Offset
-$4,829
-$2,936
Net Cashflow After Tax
-$11,267
-$6,851
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$450,000
$450,000
$41,280
$438,117