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Withheld
$2,215
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$700,000
Medium
$620,000
Low
$540,000
Confidence
Not Found
Experience the rare opportunity to own a 40.5-acre parcel of land within urban precincts, featuring dual street frontage, gentle topography, and extensive creek access. This desirable property resides close to five primary and secondary schools, major retail centers including Bunnings and Spotlight, and is a short drive from Mt Pleasant Shopping Centre. Equipped with a 3000-gallon per hour bore and electricity passing the site, this property offers convenience and essentials. Act now as the family is eager to sell and settle for retirement.
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81.9%
$540K
7.4%
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Try Picki for FREE$35,000
-$28,053
-
Asking Price
-
Estimated Purchase Price
$585,000
Stamp Duty
$19,350
Transfer Fee
$1,952
Conveyancing
$1,665
Deposit (10%)
$58,500
Reg. Mortgage
$224
LMI Premium
$16,519
Renovation Costs
-
Total Cash/Equity Required
$98,760
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
$34,749
$34,749
Net Cashflow Before Tax
-$40,076
-$41,700
Depreciation
-
-
Tax Offset
-$12,023
-$12,510
Net Cashflow After Tax
-$28,053
-$29,190
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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
$526,500
$526,500
$135,660
$670,528
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 8.0%
Accommodation and Food Services - 7.0%
Others - 62.0%
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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
