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$850K
$160,018
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$930,000
Medium
$825,000
Low
$720,000
Confidence
Not Found
Located at the corner of Elwood Road and McIntyre Road, Lot 202 in Macdonald Park SA 5121 offers a significant opportunity for those aiming to build their dream home on a large block. The property spans approximately 9,393 square meters with a frontage of approximately 49.6 meters. Positioned in a desirable area, it's well-connected to essential amenities, including educational institutions and shopping centers, while still providing a rural living vibe. This plot is zoned for rural living, connected to SA Water, and falls under the jurisdiction of Playford Council. With its strategic location near the Northern Expressway, it offers potential homebuilders both city convenience and country charm.
Trusted by over 13k property buyers and counting...
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89.1%
$782K
4.1%
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Try Picki for FREE$75,000
-$35,001
-
Asking Price
$750,000
Estimated Purchase Price
$750,000
Stamp Duty
$35,080
Transfer Fee
$7,043
Conveyancing
$1,226
Deposit (10%)
$75,000
Reg. Mortgage
$187
LMI Premium
$21,593
Renovation Costs
-
Total Cash/Equity Required
$140,679
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,930
$2,518
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
-$5,451
-$7,112
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$50,001
-$51,662
Depreciation
-
-
Tax Offset
-$15,000
-$15,499
Net Cashflow After Tax
-$35,001
-$36,164
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Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$675,000
$675,000
$206,100
$917,819
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2021 Population
Suburbs
Health Care and Social Assistance - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
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
