$1.25M
$199,239
"Private 244ha undulating rural block situated on 2 titles with superb rural views across grazing land to the Fitzroy River and beyond. A comfortable 2 bedroom home with a solar power Large shedworkshop 2 dams Good bore Cattle Yards Fishing hut on the bank of the house dam to enjoy the peaceful afternoons Appreciate the tranquil surrounding and fabulous rural views 15mins to Rockhampton 25mins to Emu Park A rare opportunity to live the rural lifestyle so close to Rockhampton and the coast"
Below are some similar properties in the area you may be interested in.
-
77.6%
-
-
-$175,000
-$32,351
2.5%
1.8%
-16.2%
6.0%
Asking Price
$1,250,000
Estimated Purchase Price
$1,125,000
Stamp Duty
$45,213
Transfer Fee
$4,227
Conveyancing
$1,665
Deposit (10%)
$112,500
Reg. Mortgage
$224
LMI Premium
$34,861
Renovation Costs
-
Total Cash/Equity Required
$199,239
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$2,138
$2,790
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
$20,609
$30,019
Interest Repayments
$66,825
$66,825
Net Cashflow Before Tax
-$46,216
-$36,806
Depreciation
-
-
Tax Offset
-$13,865
-$11,042
Net Cashflow After Tax
-$32,351
-$25,764
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$1,012,500
$1,012,500
$2,100
$821,655
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Education and Training - 12.0%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price