$950K
$179,357
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Try Picki for FREEConfidence
Medium
High
$1,200,000
Medium
$1,050,000
Low
$900,000
Confidence
Not Applicable
-
Street Statistics
Public Housing (%)
0%
Owner Occupiers (%)
88.6%
Median Street Sold Price
-
Median Street Rental Yield
-
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Property
Very Poor
Street
Average
Suburb
Average
Overall
Very Poor
Under Market Value
-$50,000
Net Cashflow PA
-$43,416
Gross Yield
-
Purchase Costs
Asking Price
$950,000
Estimated Purchase Price
$950,000
Stamp Duty
$46,080
Transfer Fee
$8,963
Conveyancing
$1,226
Deposit (10%)
$95,000
Reg. Mortgage
$187
LMI Premium
$27,351
Renovation Costs
-
Total Cash/Equity Required
$179,357
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Expenses
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$2,072
$2,703
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
-$5,593
-$7,298
Interest Repayments
$56,430
$56,430
Net Cashflow Before Tax
-$62,023
-$63,728
Depreciation
-
-
Tax Offset
-$18,607
-$19,118
Net Cashflow After Tax
-$43,416
-$44,609
Balance Sheet
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Assumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Liabilities
Loan Balance
I.O
$855,000
$855,000
Net Equity
$106,200
$882,621
Property Inspection Report
Property Overview
Discover your perfect riverside retreat with this exceptional 1665m² block at 45 Queen Louisa Drive, Long Flat, South Australia. Nestled in the tranquil Riverpark development, this property offers exclusive Murray River access and stunning natural beauty. Just a 50-minute drive from Adelaide, it features a private boat ramp and building approval for your dream home. Enjoy a peaceful lifestyle surrounded by nature, with easy access to city conveniences. Perfect for a weekend getaway, family home, or investment, this rare opportunity provides a serene escape with outdoor activities on your doorstep.
Inspection Checklist
- Confirm the exact size of the land (1665m²) with the title deed.
- Investigate building approval specifics and restrictions if any.
- Check proximity and condition of the private boat ramp.
- Assess the actual view and access to the Murray River.
- Explore the Riverpark community and its facilities.
- Investigate the reliability and maintenance of the exclusive amenities.
- Verify travel times to Adelaide and Murray Bridge for accuracy.
- Examine regional services in Murray Bridge, including schools and healthcare.
- Understand any governing body rules within the Riverpark development.
- Confirm if there are any ongoing fees for Riverpark resident amenities.
Questions for Agent
- Can you provide the certificate of title for this property?
- What does the building approval specifically allow and require?
- Who is responsible for the maintenance of the private boat ramp?
- Are there any restrictions on river access or views?
- What amenities are included for Riverpark residents?
- Are there any community guidelines or restrictions to be aware of?
- How often and by whom are the shared facilities serviced?
- What are the precise driving distances to Adelaide and Murray Bridge?
- Are there plans to develop more properties in Riverpark that may affect tranquility?
- Do Riverpark residents have any additional fees or costs associated with the amenities?
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Location Opportunity
Murray Bridge statistics
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.
21,644
2021 Population
34
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Very Diverse
Retail Trade - 13.0%
Manufacturing - 12.0%
Health Care and Social Assistance - 12.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 54.0%
income growth
Average
Average Income
COMMUTE TIME
75mins
39kms
Average
Pr
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Li
Po
Population Growth
Average Population
SUPPLY vs POPULATION
Projected Population Growth
2.6%
projected
for 2025 to 2027
High
Su
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3.3%
Average
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
Rental Yield
No data available
VACANCY RATE
Very Good
Average Vacancy Rate
Days of Supply
Poor
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Poor
Average Population
Pricing
Sold Price
Asking Price
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