$160K
$29,347
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Try Picki for FREEConfidence
Medium
High
$176,000
Medium
$160,000
Low
$144,000
Confidence
Not Found
Explore these 1-acre allotments located in the Farming Zone Schedule 1. Ideal for agricultural ventures, these parcels present a remarkable opportunity for those seeking expansive open areas. Priced at $160,000 each as per PS 308590 and 2PS308590. Note that these lots do not come with planning or building permits, highlighting a crucial aspect for prospective buyers to consider.
Trusted by over 13k property buyers and counting...
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81.8%
$800K
2.7%
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Try Picki for FREE-$20,000
-$11,019
-
Asking Price
$160,000
Estimated Purchase Price
$180,000
Stamp Duty
$5,870
Transfer Fee
$527
Conveyancing
$1,196
Deposit (10%)
$18,000
Reg. Mortgage
$129
LMI Premium
$3,076
Renovation Costs
-
Total Cash/Equity Required
$29,347
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,049
-$6,588
Interest Repayments
$10,692
$10,692
Net Cashflow Before Tax
-$15,741
-$17,280
Depreciation
-
-
Tax Offset
-$4,722
-$5,184
Net Cashflow After Tax
-$11,019
-$12,096
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$170,880
$308,910
Loan Balance
I.O
$162,000
$162,000
$8,880
$146,910
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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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projected
for 2024 to 2026
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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