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$1,776
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Seize the opportunity to own 57.26 hectares of picturesque land at 860 Royals Road, Mount Pleasant. Just 7 km from town, this property is a rare blank canvas ready for your dream country home, Subject to Council Approval. With 40 hectares of arable land, permanent water sources, and existing sheds with amenities, unleash your creativity to design the perfect retreat. Located conveniently between the Barossa and Adelaide Hills, this land promises tranquility and easy access to local conveniences. Note: Sheep yards not included in sale.
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90.8%
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Try Picki for FREE$5,000
-$13,891
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Asking Price
-
Estimated Purchase Price
$235,000
Stamp Duty
$8,318
Transfer Fee
$2,147
Conveyancing
$1,226
Deposit (10%)
$23,500
Reg. Mortgage
$187
LMI Premium
$4,054
Renovation Costs
-
Total Cash/Equity Required
$39,982
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$2,364
$3,084
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
-$5,885
-$7,679
Interest Repayments
$13,959
$13,959
Net Cashflow Before Tax
-$19,844
-$21,638
Depreciation
-
-
Tax Offset
-$5,953
-$6,491
Net Cashflow After Tax
-$13,891
-$15,146
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$256,320
$463,366
Loan Balance
I.O
$211,500
$211,500
$44,820
$251,866
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2021 Population
Suburbs
Manufacturing - 25.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 10.0%
Accommodation and Food Services - 8.0%
Others - 46.0%
Average Income
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projected
for 2025 to 2027
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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
