$895K
$167,864
"Step into history with this iconic property situated in Yelta, offering a rare opportunity to own a piece of local heritage. Nestled on a generous 3987m2 parcel of land, is this 277 square home that offers 3bedrooms, 1bathroom and is just a stones throw from the majestic Murray River. Boasting a warehouse ideal for the selfemployed tradie or a family wanting to operate a business. The warehouse includes 770 square metres in area Amenities block in shed It has 3 phase power and a 240 volt power supply It has LED lighting And has a wood fired heater oven. Dont miss this chance to make your mark on a piece of the past and create your vision of the future. Enquire now and seize this extraordinary opportunity Other features include Semiunderground Cellar 5.5 x 8.8m Separate study Solar Views of the Murray River Orchard and Fowl yards Art Room Large lounge area Split systems throughout Evaporative cooling Slow combustion heating 30 x 24m Warehouse 3 megalitres of water entitlement Garage 5 x 7.2m Please note the floor plan includes the Semiunderground Cellar and the under house carport garage. Property Code 632"
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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 - 14.0%
Retail Trade - 13.0%
Agriculture, Forestry and Fishing - 10.0%
Education and Training - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
-
89.7%
-
-
-$320,000
-$26,087
2.2%
1.4%
-17.0%
6.0%
Asking Price
$819,000
Estimated Purchase Price
$820,000
Stamp Duty
$44,270
Transfer Fee
$2,025
Conveyancing
$1,196
Deposit (10%)
$82,000
Reg. Mortgage
$129
LMI Premium
$23,381
Renovation Costs
-
Total Cash/Equity Required
$153,550
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$2,093
$2,731
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
$11,441
$16,919
Interest Repayments
$48,708
$48,708
Net Cashflow Before Tax
-$37,267
-$31,789
Depreciation
-
-
Tax Offset
-$11,180
-$9,537
Net Cashflow After Tax
-$26,087
-$22,253
Assumptions
Year 1
Year 10
Property Value
6.8%
$534,000
$965,345
Loan Balance
I.O
$738,000
$738,000
-$204,000
$227,345
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