$105K
$19,872
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Try Picki for FREEConfidence
High
High
$120,000
Medium
$105,000
Low
$90,000
Confidence
N/A
Discover a substantial 2600m2 block nestled in the prestigious locale of Armagh. Enveloped by majestic gum trees and a meandering creek, this site offers an enticing opportunity to craft your dream home or holiday retreat. Located in the scenic Clare Valley, this property boasts rural-style fencing, with power and telephone connectivity readily available. Embrace the tranquility and natural beauty that surrounds this charming piece of land.
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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
Agriculture, Forestry and Fishing - 18.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 11.0%
Retail Trade - 11.0%
Others - 48.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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Trusted by over 13,000 property buyers and counting...
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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
92.9%
-
-
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Try Picki for FREE-$10,000
-$8,604
-
Asking Price
$105,000
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
$1,940
$2,531
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
-$5,461
-$7,125
Interest Repayments
$6,831
$6,831
Net Cashflow Before Tax
-$12,292
-$13,956
Depreciation
-
-
Tax Offset
-$3,688
-$4,187
Net Cashflow After Tax
-$8,604
-$9,769
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$112,140
$202,722
Loan Balance
I.O
$103,500
$103,500
$8,640
$99,222