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$330K
$49,083
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High
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Medium
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Low
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Confidence
Discover the perfect opportunity to build your dream country home on this approximately 20-acre flat property, located just a ten-minute drive from Heathcote Township. With multiple possible construction sites, a dam at the rear, and shade-providing trees, this rural land offers tranquility and potential. Surrounded by similar expansive properties, the chance to acquire the adjacent 18.5-acre plot amplifies its allure, all offered at a reasonable market price.
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86.6%
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Try Picki for FREE$40,000
-$15,541
-
Asking Price
$330,000
Estimated Purchase Price
$290,000
Stamp Duty
$12,470
Transfer Fee
$784
Conveyancing
$1,196
Deposit (10%)
$29,000
Reg. Mortgage
$129
LMI Premium
$4,955
Renovation Costs
-
Total Cash/Equity Required
$49,084
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,710
$2,231
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
-$4,975
-$6,491
Interest Repayments
$17,226
$17,226
Net Cashflow Before Tax
-$22,201
-$23,717
Depreciation
-
-
Tax Offset
-$6,660
-$7,115
Net Cashflow After Tax
-$15,541
-$16,602
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Year 1
Year 10
Property Value
6.8%
$352,440
$637,128
Loan Balance
I.O
$261,000
$261,000
$91,440
$376,128
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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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)
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Average Days of Supply
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Average Population
Sold Price
Asking Price
