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Withheld
$2,215
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,200,000
Medium
$1,120,000
Low
$1,040,000
Confidence
Medium
Explore a unique opportunity in Elimbah, offering a versatile space for wholesale nursery or herb production, subject to council approval for potential subdivision. This 8,750m2 block features a professional 2,500m2 shadehouse, industrial reverse osmosis filtration, and fertigation systems. Additional assets include a modest 4-bedroom lowset brick home, solar power, and Colorbond sheds. Elimbah, known for its natural beauty and close proximity to city conveniences, provides a tranquil rural lifestyle with easy access to transport and local amenities.
Trusted by over 13k property buyers and counting...
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91.9%
$1.19M
4.6%
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Try Picki for FREE$15,000
-$19,036
4.2%
Asking Price
-
Estimated Purchase Price
$1,105,000
Stamp Duty
$44,063
Transfer Fee
$4,142
Conveyancing
$1,665
Deposit (10%)
$110,500
Reg. Mortgage
$224
LMI Premium
$31,202
Renovation Costs
-
Total Cash/Equity Required
$192,347
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
Rates
+3.0% PA
$1,103
$1,439
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$38,442
$55,279
Interest Repayments
$65,637
$65,637
Net Cashflow Before Tax
-$27,195
-$10,358
Depreciation
-
-
Tax Offset
-$8,158
-$3,107
Net Cashflow After Tax
-$19,036
-$7,251
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,196,160
$2,162,373
Loan Balance
I.O
$994,500
$994,500
$201,660
$1,167,873
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
