$700K
$120,920
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$920,000
Low
$840,000
Confidence
Not Found
Discover almost 11 acres of undulating land in the Lockyer Valley offering breathtaking views. With a westerly aspect, gaze upon Forest Hill, Gatton, Lake Dyer, and beyond. This versatile property invites you to build your dream home or a quaint getaway. There's ample space for livestock and a dam for water supply. Chicken coops and a country retreat could be yours, pending council approval. Ideal for those seeking tranquility, backed by spectacular sunsets.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
Below are some similar properties in the area you may be interested in.
0%
87.9%
$950K
3.8%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$210,000
-$33,406
-
Asking Price
$700,000
Estimated Purchase Price
$710,000
Stamp Duty
$24,975
Transfer Fee
$2,457
Conveyancing
$1,665
Deposit (10%)
$71,000
Reg. Mortgage
$224
LMI Premium
$20,049
Renovation Costs
-
Total Cash/Equity Required
$120,920
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
$42,174
$42,174
Net Cashflow Before Tax
-$47,723
-$49,414
Depreciation
-
-
Tax Offset
-$14,317
-$14,824
Net Cashflow After Tax
-$33,406
-$34,590
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$639,000
$639,000
$343,560
$1,137,235