Withheld
$67,204
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Discover a prime opportunity in Bowraville, part of the flourishing Nambucca Valley. This project comprises an approved 30-lot subdivision, with consistently high growth and a demand surge in the area. Located just minutes from key amenities, it offers great potential for dynamic property developers. Close to schools, recreational clubs, and shopping, plus some of Australia's best beaches, all within easy reach. This is a joint venture opportunity not to be missed in the unfolding charm of Mid North Coast living.
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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 - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
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
7.7%
59.8%
$425K
320.8%
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Try Picki for FREE$25,000
-$8,001
4.7%
Asking Price
-
Estimated Purchase Price
$425,000
Stamp Duty
$13,860
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$42,500
Reg. Mortgage
$164
LMI Premium
$8,485
Renovation Costs
-
Total Cash/Equity Required
$67,204
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
$1,046
$1,365
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
$13,815
$20,188
Interest Repayments
$25,245
$25,245
Net Cashflow Before Tax
-$11,430
-$5,057
Depreciation
-
-
Tax Offset
-$3,429
-$1,517
Net Cashflow After Tax
-$8,001
-$3,540
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$382,500
$382,500
$98,100
$486,310