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$905K
$176,180
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Not Applicable
Explore an expansive 98.93-hectare property rich with natural resources and potential for a booming quarry business. The land is abundant with tall timber, including Tallowood, Blackbutt, and Sydney Blue Gum trees. It features resources like construction sand, clay, and concrete aggregate. A reliable dam provides water, and a capped bore is ready for use. The property spans diverse terrains, with partly fenced boundaries and all-weather access roads. Rates are approximately $1,503 bi-annually. This is an opportunity to build a thriving quarry in a scenic rural environment.
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Manufacturing - 7.0%
Others - 56.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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
0%
81.4%
$1.62M
1.4%
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Try Picki for FREE$95,000
-$64,291
-
Asking Price
-
Estimated Purchase Price
$1,455,000
Stamp Duty
$64,188
Transfer Fee
$5,617
Conveyancing
$1,665
Deposit (10%)
$145,500
Reg. Mortgage
$224
LMI Premium
$45,086
Renovation Costs
-
Total Cash/Equity Required
$262,830
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,766
$2,304
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
-$5,417
-$7,068
Interest Repayments
$86,427
$86,427
Net Cashflow Before Tax
-$91,844
-$93,495
Depreciation
-
-
Tax Offset
-$27,553
-$28,048
Net Cashflow After Tax
-$64,291
-$65,446
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,309,500
$1,309,500
$345,900
$1,683,069
