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$188K
$35,700
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Try Picki for FREEConfidence
High
High
$109,200
Medium
$109,000
Low
$108,800
Confidence
N/A
Discover your slice of paradise with four vacant land allotments ready for building your dream home or getaway. Enjoy panoramic rural vistas and tranquility. Developer plans to build a new road, ensuring convenience, with power and water available for connection. Easy freeway access ensures commuting ease from this rural retreat. Current listings include: 33 South Terrace lot 413 at 1,048sqm (under offer), 35 South Terrace lot 412 at 1,039sqm priced at $188,000, 37 South Terrace lot 411 at 1,041sqm (under offer), and a double allotment at 39 South Terrace lots 409 and 410 totaling 2,064sqm for $288,000. Explore the potential of creating your dream home in this serene escape.
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82.3%
$495K
4.5%
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Try Picki for FREE-$5,000
-$8,856
-
Asking Price
$109,000
Estimated Purchase Price
$115,000
Stamp Duty
$3,430
Transfer Fee
$995
Conveyancing
$1,226
Deposit (10%)
$11,500
Reg. Mortgage
$187
LMI Premium
$1,984
Renovation Costs
-
Total Cash/Equity Required
$19,872
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$2,299
$3,000
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
-$5,820
-$7,594
Interest Repayments
$6,831
$6,831
Net Cashflow Before Tax
-$12,651
-$14,425
Depreciation
-
-
Tax Offset
-$3,795
-$4,327
Net Cashflow After Tax
-$8,856
-$10,097
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Year 1
Year 10
Property Value
6.8%
$117,480
$212,376
Loan Balance
I.O
$103,500
$103,500
$13,980
$108,876
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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
