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$60K
$12,465
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$65,000
Medium
$60,000
Low
$55,000
Confidence
Not Found
Seize the opportunity to secure one of the first 8 serviced blocks on Arbon Road in the quaint township of Bute. Ranging from 1500 to 1723 square meters, these allotments promise a spacious countryside lifestyle with fresh air and a welcoming community. Bute boasts excellent amenities including an early learning center, primary school, and various local shops and facilities, all within a 30-minute drive of Port Broughton and Kadina, and 90 minutes from Adelaide. Recent investments have revitalized the town with infrastructure upgrades, making it an attractive prospect for first-time homeowners. Enjoy potential financial benefits, like a two-year council rates rebate, as part of an initiative by the Barunga West Council. Act swiftly—these blocks are in high demand!
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96%
-
-
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Try Picki for FREE-$10,000
-$6,595
-
Asking Price
$60,445
Estimated Purchase Price
$70,000
Stamp Duty
$1,780
Transfer Fee
$515
Conveyancing
$1,226
Deposit (10%)
$7,000
Reg. Mortgage
$187
LMI Premium
$1,208
Renovation Costs
-
Total Cash/Equity Required
$12,466
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,264
-$6,868
Interest Repayments
$4,158
$4,158
Net Cashflow Before Tax
-$9,422
-$11,026
Depreciation
-
-
Tax Offset
-$2,827
-$3,308
Net Cashflow After Tax
-$6,595
-$7,718
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$64,080
$115,841
Loan Balance
I.O
$63,000
$63,000
$1,080
$52,841
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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...
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
