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Withheld
$2,215
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
Discover an exceptional property at 16151633 Grandchester Mount Mort Road, Mount Mort, in the tranquil Lockyer Valley, spread across 16.3 hectares. Just a short drive from Ipswich, this property invites creativity through necessary repairs and renovations. Close to essential amenities and within the catchment areas of Grandchester State School and Laidley State High School, it's perfect for families. Its proximity to the eco-resort, Spicers Hidden Vale, enhances its appeal as a potential retreat or tourism venture. With 4 bedrooms, 2 bathrooms, and expansive usable land, this property presents opportunities for agricultural, recreational, or residential development. Yet, some images are digitally altered thus should be investigated further.
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80.2%
-
-
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Try Picki for FREE$10,000
-$13,798
3.8%
Asking Price
-
Estimated Purchase Price
$610,000
Stamp Duty
$20,475
Transfer Fee
$2,036
Conveyancing
$1,665
Deposit (10%)
$61,000
Reg. Mortgage
$224
LMI Premium
$17,225
Renovation Costs
-
Total Cash/Equity Required
$103,175
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,424
$1,858
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
$16,523
$24,119
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$19,711
-$12,115
Depreciation
-
-
Tax Offset
-$5,913
-$3,634
Net Cashflow After Tax
-$13,798
-$8,480
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$549,000
$549,000
$113,160
$648,028
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
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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Trusted by over 13,000 property buyers and counting...
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
