Withheld
$2,215
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$365,000
Medium
$330,000
Low
$295,000
Confidence
Not applicable
This expansive 4228m2 property is a unique opportunity just under 15 minutes from Mackay City Gates. It's perfect for fishing enthusiasts and those seeking a relaxed lifestyle. With direct access to Sandy Creek, enjoy river views and space to build your dream home. The property includes a lockable shed, two large rainwater tanks, and easy access to the Bruce Highway and Dunnrock boat ramp.
Trusted by over 13k property buyers and counting...
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82.5%
-
-
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-$17,450
-
Asking Price
-
Estimated Purchase Price
$330,000
Stamp Duty
$9,975
Transfer Fee
$856
Conveyancing
$1,665
Deposit (10%)
$33,000
Reg. Mortgage
$224
LMI Premium
$5,584
Renovation Costs
-
Total Cash/Equity Required
$51,855
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,676
$2,187
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
-$5,327
-$6,951
Interest Repayments
$19,602
$19,602
Net Cashflow Before Tax
-$24,929
-$26,553
Depreciation
-
-
Tax Offset
-$7,479
-$7,966
Net Cashflow After Tax
-$17,450
-$18,587
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$352,440
$637,128
Loan Balance
I.O
$297,000
$297,000
$55,440
$340,128
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 8.0%
Accommodation and Food Services - 7.0%
Others - 62.0%
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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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