$299K
$45,961
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Try Picki for FREEConfidence
High
High
$330,000
Medium
$310,000
Low
$290,000
Confidence
Not Found
This unique opportunity features a 719m2 parcel of land in Gawler South. It's fully fenced, has a wide frontage, and rear lane access. The site is equipped with power and water, presenting options for potential commercial use or residential development (subject to council consent). Located centrally and close to amenities, it's ready for immediate progress, with the title already prepared.
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64.9%
$669K
3.9%
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Try Picki for FREE$5,000
-$16,524
-
Asking Price
-
Estimated Purchase Price
$305,000
Stamp Duty
$11,580
Transfer Fee
$2,819
Conveyancing
$1,226
Deposit (10%)
$30,500
Reg. Mortgage
$187
LMI Premium
$5,262
Renovation Costs
-
Total Cash/Equity Required
$52,124
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,968
$2,568
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,489
-$7,162
Interest Repayments
$18,117
$18,117
Net Cashflow Before Tax
-$23,606
-$25,279
Depreciation
-
-
Tax Offset
-$7,082
-$7,584
Net Cashflow After Tax
-$16,524
-$17,695
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$331,080
$598,514
Loan Balance
I.O
$274,500
$274,500
$56,580
$324,014
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2021 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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