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$1000K
$169,687
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Low
This expansive 5-acre lot in Waterloo Corner offers significant potential. Once a thriving hub for vegetable growth and winemaking, it sits in the fast-growing Playford area, near burgeoning Virginia and Buckland Park. Zoned horticultural, it's ideal for investors aiming to land bank, engage in modern horticulture, or build a grand country estate. Opportunities abound in a high-demand land market, with the necessity to navigate zoning approvals for non-horticultural developments.
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84.1%
$313K
10.2%
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Try Picki for FREE$20,000
-$59,117
-
Asking Price
-
Estimated Purchase Price
$1,330,000
Stamp Duty
$66,980
Transfer Fee
$12,611
Conveyancing
$1,226
Deposit (10%)
$133,000
Reg. Mortgage
$187
LMI Premium
$42,020
Renovation Costs
-
Total Cash/Equity Required
$256,574
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
$79,002
$79,002
Net Cashflow Before Tax
-$84,453
-$86,114
Depreciation
-
-
Tax Offset
-$25,336
-$25,834
Net Cashflow After Tax
-$59,117
-$60,280
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,197,000
$1,197,000
$244,800
$1,409,431
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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
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
