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$145K
$19,658
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Try Picki for FREEConfidence
Medium
High
$170,000
Medium
$145,000
Low
$120,000
Confidence
Low
This 2003 square meter block of vacant land is located in a peaceful court setting in Colbinabbin, ideal for building your future home. Surrounded by newly built homes and a small community of about 300 residents, it's just a short walk to Colbinabbin Hotel, a general store, and famous painted silos. Priced attractively, it's ready for your dream country home, subject to council approval.
Trusted by over 13k property buyers and counting...
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80.5%
$555K
3.3%
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Try Picki for FREE$20,000
-$333
10.4%
Asking Price
$145,000
Estimated Purchase Price
$125,000
Stamp Duty
$2,750
Transfer Fee
$398
Conveyancing
$1,196
Deposit (10%)
$12,500
Reg. Mortgage
$129
LMI Premium
$2,136
Renovation Costs
-
Total Cash/Equity Required
$19,659
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
$1,784
$2,328
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
$6,950
$10,491
Interest Repayments
$7,425
$7,425
Net Cashflow Before Tax
-$475
$3,066
Depreciation
-
-
Tax Offset
-$143
$920
Net Cashflow After Tax
-$333
$2,146
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Year 1
Year 10
Property Value
6.8%
$154,860
$279,950
Loan Balance
I.O
$112,500
$112,500
$42,360
$167,450
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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)
Average Rental Yield
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
