$1.5M
$265,700
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,600,000
Medium
$1,400,000
Low
$1,200,000
Confidence
Medium
Discover a magnificent 600-acre timber block at Lot 1 Sunday Creek Road, Jimna. This versatile property offers adventure and tranquility with proximity to Conondale and Jimna State Forests. Enjoy hunting, 4x4 activities, or a serene cabin getaway. The land features abundant timber, cleared tracks, and a prime 50-acre house site. With bitumen road access, power availability, and gold fossicking potential along Six Mile Creek, this property is an ideal investment opportunity. Whether for recreation or settling down, this remarkable land is your perfect escape.
Trusted by over 13k property buyers and counting...
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76.9%
-
-
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Try Picki for FREE-$70,000
-$14,048
5.3%
Asking Price
$1,500,000
Estimated Purchase Price
$1,470,000
Stamp Duty
$65,050
Transfer Fee
$5,659
Conveyancing
$1,665
Deposit (10%)
$147,000
Reg. Mortgage
$224
LMI Premium
$45,551
Renovation Costs
-
Total Cash/Equity Required
$265,700
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$67,250
$96,280
Interest Repayments
$87,318
$87,318
Net Cashflow Before Tax
-$20,068
$8,962
Depreciation
-
-
Tax Offset
-$6,020
$2,689
Net Cashflow After Tax
-$14,048
$6,273
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,323,000
$1,323,000
$172,200
$1,379,966
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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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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)
No data available
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price