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$550K
$89,038
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$620,000
Medium
$550,000
Low
$480,000
Confidence
Not Found
This property is a sprawling 55.92 hectares (138.17 acres) of high carrying capacity scrub country, located just 30 minutes from Tenthill and 40 minutes from Gatton. Suitable for running beef cattle or other rural pursuits, it offers numerous building sites with breathtaking views. Currently being sold by a family, Black Duck Creek presents a unique opportunity for development and investment. Priced to sell, the property is available for inspection by appointment only.
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73.4%
-
-
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-$26,753
-
Asking Price
$550,000
Estimated Purchase Price
$550,000
Stamp Duty
$17,775
Transfer Fee
$1,783
Conveyancing
$1,665
Deposit (10%)
$55,000
Reg. Mortgage
$224
LMI Premium
$12,041
Renovation Costs
-
Total Cash/Equity Required
$89,038
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,898
$2,476
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
-$5,549
-$7,240
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$38,219
-$39,910
Depreciation
-
-
Tax Offset
-$11,466
-$11,973
Net Cashflow After Tax
-$26,753
-$27,937
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Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$495,000
$495,000
$92,400
$566,879
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 21.0%
Education and Training - 14.0%
Retail Trade - 9.0%
Health Care and Social Assistance - 8.0%
Others - 48.0%
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
