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$300K
$43,130
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Try Picki for FREEConfidence
Medium
High
$750,000
Medium
$650,000
Low
$550,000
Confidence
Low
Discover an exceptional opportunity with this 1.66-hectare bush block in Swan Point. Featuring dual access from Paper Beach Road and Foreshore Road, you enjoy both seclusion and stunning Tamar River views. Strategically located with potential for a dream home, gardens, and additional structures (STCA), this level land invites creative development. Find tranquility in scenic walks nearby, with Exeter just a 10-minute drive for essentials and Launceston a 32-minute commute. Attractive fixed TasWater costs and council rates add to the appeal of this uniquely situated property.
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95%
$834K
3.2%
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Try Picki for FREE$10,000
-$15,013
3.7%
Asking Price
-
Estimated Purchase Price
$640,000
Stamp Duty
$24,198
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$64,000
Reg. Mortgage
$152
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$109,229
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
Rates
+3.0% PA
$1,572
$2,051
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,569
$24,148
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$21,447
-$13,868
Depreciation
-
-
Tax Offset
-$6,434
-$4,160
Net Cashflow After Tax
-$15,013
-$9,707
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$576,000
$576,000
$118,200
$678,948
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
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
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