Withheld
$99,626
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$600,000
Low
$550,000
Confidence
Not applicable
Discover a rare opportunity with this unique offering: Lot 67, a stunning 160.4-acre parcel located minutes from Fernvale, Lowood, and Coominya. First time available since 1908, this expansive grazing and fattening land features breathtaking mountain views and rolling hills. Ideal for potential home sites, this property boasts a rich history of cultivation with nutritious grasses and legumes. A large dam and water holes from Spring Creek ensure water supply, supported by substantial water licences when purchasing the entire 836-acre estate. Well-fenced and perfect for livestock, the land is ready for horse breeders or cattle grazers. Set for auction on March 22nd, seize this chance to embrace a serene rural lifestyle close to town amenities.
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Location, 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
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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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
0%
64.7%
$905K
2.8%
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Try Picki for FREE$10,000
-$27,853
-
Asking Price
-
Estimated Purchase Price
$590,000
Stamp Duty
$19,575
Transfer Fee
$1,952
Conveyancing
$1,665
Deposit (10%)
$59,000
Reg. Mortgage
$224
LMI Premium
$16,660
Renovation Costs
-
Total Cash/Equity Required
$99,626
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
$35,046
$35,046
Net Cashflow Before Tax
-$39,790
-$41,236
Depreciation
-
-
Tax Offset
-$11,937
-$12,371
Net Cashflow After Tax
-$27,853
-$28,865
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$531,000
$531,000
$109,800
$627,414