$550K
$112,517
"Set on an impressive 5.13 acres approx in the hamlet of Little Hampton, this absolutely beautiful property, tightlyheld for over 24 years, offers the perfect site to build your dream in one of the regions most soughtafter areas. Surrounded by enchanting bushland and sweeping valley views, the peaceful landscape creates a serene backdrop that inspires tranquillity at every turn, enriched with delicate native orchids and lush virgin soil, making it ideal for creating a garden oasis or simply soaking in the natural beauty. The infrastructure is impressively established with a heavyduty, ushaped driveway, mains power and a phone line ready to connect, saving you from the hassle of securing these essential amenities. Nestled along a secluded, private road shared with quiet, friendly neighbours, this property guarantees the luxury of privacy. The lands gentle slope into a gorgeous valley and the elevated site cut offer breathtaking vistas, positioning your future home to take full advantage of the areas natural beauty. Perfect for permanent residents aspiring to enter Little Hampton, semipermanent residents seeking an unparalleled lifestyle, or anyone looking for a lockupandleave weekender, this property provides a versatile blank canvas for a life of serenity. With the state forest backing the property and just an 8minute drive to Trentham, all the hard work and more costly items have been thoughtfully established, paving the way for your vision to become reality. We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
-
89.3%
$470K
5.3%
$10,000
-$27,914
-
-
-25.5%
6.0%
Asking Price
$550,000
Estimated Purchase Price
$590,000
Stamp Duty
$30,470
Transfer Fee
$1,486
Conveyancing
$1,196
Deposit (10%)
$59,000
Reg. Mortgage
$129
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$109,654
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,566
$2,043
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
-$4,831
-$6,303
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$39,877
-$41,349
Depreciation
-
-
Tax Offset
-$11,963
-$12,405
Net Cashflow After Tax
-$27,914
-$28,945
Assumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$531,000
$531,000
$109,800
$627,414
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price