$699K
$119,146
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High
-
Medium
-
Low
-
Confidence
Explore this 40-acre property featuring a sturdy 3-bedroom, 1-bathroom home with a wrap-around verandah for entertaining. Enjoy 10 acres of cleared, flat land, a high-ceiling 2-bay powered and lit shed, and a bore. The property includes solar power, rainwater tanks, established fruit trees, and a shack shed. Dive into the acreage market with this promising opportunity, conveniently located near Esk, Coominya shops, and Brisbane.
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80.9%
$1.23M
2%
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Try Picki for FREE-$50,000
-$32,427
-
Asking Price
$699,000
Estimated Purchase Price
$700,000
Stamp Duty
$24,525
Transfer Fee
$2,415
Conveyancing
$1,665
Deposit (10%)
$70,000
Reg. Mortgage
$224
LMI Premium
$19,766
Renovation Costs
-
Total Cash/Equity Required
$119,146
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,093
$1,426
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
-$4,744
-$6,190
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$46,324
-$47,770
Depreciation
-
-
Tax Offset
-$13,897
-$14,331
Net Cashflow After Tax
-$32,427
-$33,439
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$630,000
$630,000
$64,200
$624,948
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2021 Population
Suburbs
Manufacturing - 18.0%
Agriculture, Forestry and Fishing - 13.0%
Education and Training - 11.0%
Retail Trade - 9.0%
Others - 49.0%
Average Income
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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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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