$850K
$180,372
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$925,000
Medium
$875,000
Low
$825,000
Confidence
Not Applicable
This remarkable McLaren Vale vineyard spans 4.06 hectares and is certified organic, featuring 3.5 hectares of Shiraz grapes. Conveniently close to McLaren Flat, it offers sweeping vineyard views and presents an opportunity for dream home construction, subject to council consents. With a 4.78 ML water licence, an irrigation shed, and significant olive trees lining a 100-meter frontage on Kangarilla Road, this property is ideal for agricultural or residential aspirations.
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Location, 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
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 11.0%
Education and Training - 11.0%
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
0%
71.3%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$65,000
-$42,747
-
Asking Price
$875,000
Estimated Purchase Price
$940,000
Stamp Duty
$45,530
Transfer Fee
$8,867
Conveyancing
$1,226
Deposit (10%)
$94,000
Reg. Mortgage
$187
LMI Premium
$27,063
Renovation Costs
-
Total Cash/Equity Required
$177,423
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,710
$2,231
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
-$5,231
-$6,825
Interest Repayments
$55,836
$55,836
Net Cashflow Before Tax
-$61,067
-$62,661
Depreciation
-
-
Tax Offset
-$18,320
-$18,798
Net Cashflow After Tax
-$42,747
-$43,863
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$846,000
$846,000
$88,500
$843,354