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$220K
$36,524
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Try Picki for FREEConfidence
High
High
$260,000
Medium
$220,000
Low
$180,000
Confidence
Medium
Seize the opportunity to own approximately 3.2 acres of prime land, spread across two parcels. This expansive 1.3-hectare property offers a blank canvas for your dream home with the convenience of sealed road frontage. The large dam adds charm and potential utility to the landscape, while the allure of being within walking distance to town enhances its appeal. A planning permit is pending, positioning this property as a strategic investment for future growth.
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92.3%
-
-
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+
28.4%
Asking Price
$220,000
Estimated Purchase Price
$220,000
Stamp Duty
$8,270
Transfer Fee
$621
Conveyancing
$1,196
Deposit (10%)
$22,000
Reg. Mortgage
$129
LMI Premium
$3,759
Renovation Costs
-
Total Cash/Equity Required
$36,524
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$2,142
$2,795
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
$52,188
$74,921
Interest Repayments
$13,068
$13,068
Net Cashflow Before Tax
$39,120
$61,853
Depreciation
-
-
Tax Offset
$11,736
$18,556
Net Cashflow After Tax
$27,384
$43,297
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Year 1
Year 10
Property Value
6.8%
$234,960
$424,752
Loan Balance
I.O
$198,000
$198,000
$36,960
$226,752
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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
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
