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$471K
$66,379
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Try Picki for FREEConfidence
High
High
$503,000
Medium
$471,450
Low
$440,000
Confidence
Medium
Discover a spacious and private 1560m2 block of land on the Coffs Coast, ready for immediate construction. This rare level lot features a prime north-east aspect, is accessible via a newly built driveway, and equipped with all essential town services. Ideal for families and outdoor enthusiasts, the property offers a near-complete boundary fence, ample space for a workshop or shed, and convenient storage for boats or caravans. A designated home site allows for a panoramic view of the surroundings, while gardens and pets have plenty of room to thrive.
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68%
$670K
6.2%
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Try Picki for FREE$30,000
-$8,772
4.5%
Asking Price
$471,450
Estimated Purchase Price
$440,000
Stamp Duty
$14,535
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$44,000
Reg. Mortgage
$164
LMI Premium
$8,784
Renovation Costs
-
Total Cash/Equity Required
$69,679
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
$26,136
$26,136
Net Cashflow Before Tax
-$12,532
-$6,223
Depreciation
-
-
Tax Offset
-$3,759
-$1,867
Net Cashflow After Tax
-$8,772
-$4,356
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$396,000
$396,000
$105,960
$511,424
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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
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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
