$395K
-
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Try Picki for FREEConfidence
Medium
High
$355,000
Medium
$325,000
Low
$295,000
Confidence
Low
This expansive 188-hectare (464-acre) property, located just a few kilometers from Waikerie township, boasts a healthy covering of native vegetation. The land has been actively used for grazing in recent years, presenting potential opportunities for agricultural pursuits or conservation projects. While the provided details are believed to be accurate, prospective buyers should independently verify all information.
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51.7%
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-
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Try Picki for FREE-$70,000
-$8,356
4.6%
Asking Price
$395,000
Estimated Purchase Price
$395,000
Stamp Duty
$16,080
Transfer Fee
$3,683
Conveyancing
$1,226
Deposit (10%)
$39,500
Reg. Mortgage
$187
LMI Premium
$8,817
Renovation Costs
-
Total Cash/Equity Required
$70,043
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,752
$2,286
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
$11,526
$17,030
Interest Repayments
$23,463
$23,463
Net Cashflow Before Tax
-$11,937
-$6,433
Depreciation
-
-
Tax Offset
-$3,581
-$1,930
Net Cashflow After Tax
-$8,356
-$4,503
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$347,100
$627,474
Loan Balance
I.O
$355,500
$355,500
-$8,400
$271,974
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 27.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 9.0%
Retail Trade - 9.0%
Others - 43.0%
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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price