$300K
$44,598
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Try Picki for FREEConfidence
80%
High
$320,000
Medium
$280,000
Low
$240,000
Confidence
70%
Escape the city with this serene 18.7-acre haven. Perfect for horse lovers, motorbike enthusiasts, or anyone seeking a weekend retreat. The property features native landscapes, a functional shed with basic amenities, and a WiFi connection, making it ideal for a holiday getaway or land investment. It's conveniently located near Bealiba, with easy access to nearby towns, and already has power connected. Zoned for farming, it promises both peace and potential.
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89%
$80K
22.8%
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Try Picki for FREE-$5,000
-$6,730
4.6%
Asking Price
$325,000
Estimated Purchase Price
$285,000
Stamp Duty
$12,170
Transfer Fee
$773
Conveyancing
$1,196
Deposit (10%)
$28,500
Reg. Mortgage
$129
LMI Premium
$4,870
Renovation Costs
-
Total Cash/Equity Required
$48,187
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$1,419
$1,851
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$7,315
$10,967
Interest Repayments
$16,929
$16,929
Net Cashflow Before Tax
-$9,614
-$5,962
Depreciation
-
-
Tax Offset
-$2,884
-$1,789
Net Cashflow After Tax
-$6,730
-$4,174
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$299,040
$540,593
Loan Balance
I.O
$256,500
$256,500
$42,540
$284,093
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
Others - 47.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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