$635K
$88,649
Confidence
High
High
$420,000
Medium
$375,000
Low
$330,000
Confidence
Medium
"To enquire, please email or call 1300 815 051 and enter code 4985 Outstanding opportunity to enjoy numerous lifestyle options. On offer a rare 3 premium acres of land with a dwelling entitlement in a sensational location close to pristine beaches with beautiful Richmond River views. And all just an easy 20minute drive to the relaxed and friendly coastal northern NSW town of Ballina and only 45 minutes to Byron Bay. If your search is for an affordable property and coastal lifestyle. Yet living like a battery hen on a tiny parcel of land in an estate or a stratatitled box called a unit is not for you, then you need to inspect this rare offering. If you dream of having a small acreage parcel of land that is easy to manage with enough elbow room and space to create your dream home stca. Possibly veggie gardens, fruit trees, pets, chooks, birds, room for the kids to be outside. Or possibly an income producing pursuit. Then you need to enquire If getting back to the simple life with room to breathe and relax in an ideal subtropical climate and location is your desire. Then the opportunity is here The details. Address Blackwall drive, East Wardell NSW 2477. Land size 1.34ha 3.3 acres approx. Property has a Dwelling entitlement. Fenced. Council shire Ballina NSW Simply contact agent for further details inspection. To enquire, please email or call 1300 815 051 and enter code 4985"
-
81%
$790K
5.3%
-$145,000
-$12,973
3.5%
2.4%
-15.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$595,000
Estimated Purchase Price
$520,000
Stamp Duty
$18,135
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$52,000
Reg. Mortgage
$164
LMI Premium
$10,381
Renovation Costs
-
Total Cash/Equity Required
$82,876
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,067
$1,392
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
$12,355
$18,111
Interest Repayments
$30,888
$30,888
Net Cashflow Before Tax
-$18,533
-$12,777
Depreciation
-
-
Tax Offset
-$5,560
-$3,833
Net Cashflow After Tax
-$12,973
-$8,944
Assumptions
Year 1
Year 10
Property Value
6.8%
$400,500
$724,009
Loan Balance
I.O
$468,000
$468,000
-$67,500
$256,009
Below 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 - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price