Withheld
$86,198
"This parcel of land expands over 2 titles and is nestled on the outskirts of Gravelly Beach. Offering a gateway to a lifestyle defined by tranquility, where one can immerse themselves in the rhythms of nature while still being within proximity to modern conveniences, The gently undulating terrain offers potential for exploration and development STCA while preserving the inherent charm of the natural landscape. Discover pockets of tranquility amidst the foliage, with glimpses of wildlife and birdlife that call this serene environment home. Envision the creation of a secluded retreat, a place to reconnect with the natural world, or a canvas upon which to design your dream abode amidst the beauty of light bush surroundings. Approx 1.7hectare this light bush block in Gravelly Beach stands as an opportunity for those seeking a harmonious blend of natures serenity and the potential for crafting a bespoke haven in this idyllic setting. 9x7 Shed Included has 2 roller doors and 1 entrance door Land Zoning Rural Living"
Below are some similar properties in the area you may be interested in.
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78.2%
$426K
5.7%
-$30,000
-$7,277
5.1%
3.5%
-10.3%
6.0%
Asking Price
$399,000
Estimated Purchase Price
$430,000
Stamp Duty
$15,273
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$43,000
Reg. Mortgage
$152
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$70,561
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.8% PA
$1,922
$2,735
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
$15,146
$22,123
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$10,396
-$3,419
Depreciation
-
-
Tax Offset
-$3,119
-$1,026
Net Cashflow After Tax
-$7,277
-$2,393
Assumptions
Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$387,000
$387,000
$40,200
$385,276
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Days of Supply
Sold Price
Asking Price