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$399K
$70,042
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Try Picki for FREEConfidence
Medium
High
$380,000
Medium
$350,000
Low
$320,000
Confidence
Not Applicable
Enjoy breathtaking views of the Murray River cliffs to the east and serene billabong vistas to the west. This prime riverfront property offers a unique opportunity to create your dream home with existing Council Approved Plans that save both time and money. Perfect for water enthusiasts, the river provides vibrant recreational activities, while the billabong is ideal for canoeing. Key features include a secure rectangular allotment, reinforced retaining wall, and ready-to-use heavy-duty pavers. Located conveniently on the Adelaide side of the river, this property holds a forever tenure with automatic renewal options.
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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 - 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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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
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
60%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$45,000
-$19,895
-
Asking Price
$399,000
Estimated Purchase Price
$395,000
Stamp Duty
$16,080
Transfer Fee
$3,683
Conveyancing
$1,226
Deposit (10%)
$39,500
Reg. Mortgage
$187
LMI Premium
$8,817
Renovation Costs
-
Total Cash/Equity Required
$70,043
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,959
-$6,470
Interest Repayments
$23,463
$23,463
Net Cashflow Before Tax
-$28,422
-$29,933
Depreciation
-
-
Tax Offset
-$8,527
-$8,980
Net Cashflow After Tax
-$19,895
-$20,953
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$373,800
$675,741
Loan Balance
I.O
$355,500
$355,500
$18,300
$320,241
