$299K
$47,170
"The Phone Code for this property is 16602. Please quote this number when phoning or texting. Here we have 4 acres on the always flowing Meunga creek with a water License, surrounded by mountain views this retreat offers all the requirements necessary to live a life free from stress. Build your complete off grid Shouse, enjoy farming some treasured crops animals all with no neighbourly concerns. There is even mature bamboo to harvest utilise through your journey. Inspection by appointment. Negotiable. Disclaimer Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner forsalebyowner.com.au Pty Ltd cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters."
Below are some similar properties in the area you may be interested in.
6.7%
75.4%
$210K
9.2%
-$100,000
-$10,438
3.4%
1.1%
-21.4%
6.0%
Asking Price
$309,000
Estimated Purchase Price
$310,000
Stamp Duty
$9,275
Transfer Fee
$772
Conveyancing
$1,665
Deposit (10%)
$31,000
Reg. Mortgage
$224
LMI Premium
$5,246
Renovation Costs
-
Total Cash/Equity Required
$48,732
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$10,400
$14,802
Property Management
+7.7% PA
$801
$1,140
Rates
+3.0% PA
$2,445
$3,190
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
$3,503
$5,709
Interest Repayments
$18,414
$18,414
Net Cashflow Before Tax
-$14,911
-$12,705
Depreciation
-
-
Tax Offset
-$4,473
-$3,812
Net Cashflow After Tax
-$10,438
-$8,894
Assumptions
Year 1
Year 10
Property Value
6.8%
$224,280
$405,445
Loan Balance
I.O
$279,000
$279,000
-$54,720
$126,445
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Agriculture, Forestry and Fishing - 22.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply