Withheld
$1,776
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$300,000
Medium
$260,000
Low
$220,000
Confidence
Medium
Discover an unparalleled investment chance with this 25-acre plot, nestled in Cadell Town, South Australia. Situated just a two-hour drive from Adelaide's bustling CBD, this property is a short distance from the serene Murray River. It boasts three premium grape varieties: Sultanas, Sun Muscats, and Currant Dry Grapes, offering 70 to 90 tonnes of annual yield. With grape market prices at $2700 to $2900 per tonne, the land promises lucrative returns. Crucially, it includes 113 mega liters of water rights from the Murray River and onsite power, making it ripe for productive ventures.
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-
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+
24.5%
Asking Price
-
Estimated Purchase Price
$255,000
Stamp Duty
$9,193
Transfer Fee
$2,339
Conveyancing
$1,226
Deposit (10%)
$25,500
Reg. Mortgage
$187
LMI Premium
$4,399
Renovation Costs
-
Total Cash/Equity Required
$43,394
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,438
$1,876
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
$52,636
$75,506
Interest Repayments
$15,147
$15,147
Net Cashflow Before Tax
$37,489
$60,359
Depreciation
-
-
Tax Offset
$11,247
$18,108
Net Cashflow After Tax
$26,242
$42,251
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$277,680
$501,979
Loan Balance
I.O
$229,500
$229,500
$48,180
$272,479
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 26.0%
Retail Trade - 9.0%
Accommodation and Food Services - 8.0%
Public Administration and Safety - 7.0%
Others - 50.0%
Average Income
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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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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