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Withheld
$2,215
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$440,000
Medium
$400,000
Low
$360,000
Confidence
Low
Opportunity to own a 3.615ha plot beside Whites Creek in Nome. This newly subdivided land boasts a raised building pad next to the creek, surrounded by lush trees, perfect for your dream home. Features include an existing bore, completed electrical work, and a gravel driveway. Located among larger parcels, this tranquil setting is ideal for families. Close to community amenities, shopping centers, and just 20 minutes to the CBD with cafes, restaurants, a new stadium, and The Strand.
Below are some similar properties in the area you may be interested in.
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
Health Care and Social Assistance - 15.0%
Public Administration and Safety - 14.0%
Education and Training - 10.0%
Retail Trade - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
Trusted by over 13k property buyers and counting...
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79.8%
$276K
12.4%
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Try Picki for FREE$5,000
-$20,153
-
Asking Price
$400,000
Estimated Purchase Price
$395,000
Stamp Duty
$12,250
Transfer Fee
$1,151
Conveyancing
$1,665
Deposit (10%)
$39,500
Reg. Mortgage
$224
LMI Premium
$8,647
Renovation Costs
-
Total Cash/Equity Required
$63,988
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
$23,463
$23,463
Net Cashflow Before Tax
-$28,790
-$30,414
Depreciation
-
-
Tax Offset
-$8,637
-$9,124
Net Cashflow After Tax
-$20,153
-$21,289
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$355,500
$355,500
$71,700
$416,776
