$2.5M
$476,216
"Make more of Approx. 112 acres Vacant land Land bank Investment opportunity Build your dream home on acreage Farming business property Main power access via Heaths Lane Street frontage on Kennedy Lane Farming zoned FZ Close to Rural Living Zone RLZ 10 minutes to Clarkefield train station 25 minutes to Sunbury 25 minutes to Gisborne 70 minutes to Melbourne CBD The initial appeal Youll be 10 minutes from Clarkefield train station, 25 minutes from Gisborne and Sunbury and 70 minutes from the CBD. This allotment is close to Rural Living Zone RLZ, so may have the potential to change zoning in the future. The main attraction Approx. 112 acres of vacant land. Invest, land bank, build your dream home on acreage this is your chance for that shedding, an Olympic sized arena and some moto jumps for the kids run cattle, start or expand an earthmoving business. Youll have over 44 hectares of opportunities. Your journey here starts right now."
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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
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
-
73.8%
$750K
4.3%
-$1,000,000
-$89,047
1.1%
0.8%
-18.7%
6.0%
Asking Price
$2,500,000
Estimated Purchase Price
$2,500,000
Stamp Duty
$142,500
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$250,000
Reg. Mortgage
$129
LMI Premium
$78,226
Renovation Costs
-
Total Cash/Equity Required
$476,217
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,843
$2,405
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
$21,290
$30,908
Interest Repayments
$148,500
$148,500
Net Cashflow Before Tax
-$127,210
-$117,592
Depreciation
-
-
Tax Offset
-$38,163
-$35,278
Net Cashflow After Tax
-$89,047
-$82,315
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$2,250,000
$2,250,000
-$648,000
$646,035
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