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$550K
$98,442
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Try Picki for FREEConfidence
Medium
High
$280,000
Medium
$250,000
Low
$220,000
Confidence
Low
A unique opportunity awaits you with this 139-acre native scrubland located on the Yorke Peninsula. Originally two separate plots, now available as a combined parcel, this property is ideal for nature enthusiasts with its abundant bird and wildlife. Its proximity to a popular coastal town and lack of an approved building application positions it primarily as a lifestyle retreat. A shed is available for storage, while any building plans will require approval from the Barunga West Council and Planning SA. With access via Port Broughton, this conservation-zoned property offers both solitude and proximity to essential amenities.
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76.4%
$2.65M
0.6%
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+
31.2%
Asking Price
$250,000
Estimated Purchase Price
$250,000
Stamp Duty
$8,955
Transfer Fee
$2,243
Conveyancing
$1,226
Deposit (10%)
$25,000
Reg. Mortgage
$187
LMI Premium
$4,313
Renovation Costs
-
Total Cash/Equity Required
$42,474
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
Rates
+3.0% PA
$1,743
$2,274
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
$66,730
$95,602
Interest Repayments
$14,850
$14,850
Net Cashflow Before Tax
$51,880
$80,752
Depreciation
-
-
Tax Offset
$15,564
$24,225
Net Cashflow After Tax
$36,316
$56,526
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Year 1
Year 10
Property Value
6.8%
$267,000
$482,672
Loan Balance
I.O
$225,000
$225,000
$42,000
$257,672
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 39.0%
Health Care and Social Assistance - 17.0%
Education and Training - 7.0%
Accommodation and Food Services - 6.0%
Others - 31.0%
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...
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No data available
Average Vacancy Rate
Average Days of Supply
No data available
No data available
No data available
