$95K
$14,638
"Presenting this Ideal base for an occasional getaway stay or fishing boating weekend, with the addition of extra privacy, this great sized cleared block is a rarity. Featuring an array of natural coastal landscapes, wildlife and within walking distance to the boat ramp and entry to the Gippsland Lakes this really is an idealistic retreat. This property is Farm Zone 1 There are no connections in Hollands Landing Boundaries marked are approximate only View the Due Diligence Checklist consumer.vic.gov.auduediligencechecklist"
Below are some similar properties in the area you may be interested in.
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84.1%
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-
$75,000
+
69.3%
58.5%
226.1%
6.0%
Asking Price
$95,000
Estimated Purchase Price
$90,000
Stamp Duty
$1,910
Transfer Fee
$316
Conveyancing
$1,196
Deposit (10%)
$9,000
Reg. Mortgage
$129
LMI Premium
$1,538
Renovation Costs
-
Total Cash/Equity Required
$14,639
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
$1,695
$2,212
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
$52,635
$75,504
Interest Repayments
$5,346
$5,346
Net Cashflow Before Tax
$47,289
$70,158
Depreciation
-
-
Tax Offset
$14,187
$21,047
Net Cashflow After Tax
$33,102
$49,111
Assumptions
Year 1
Year 10
Property Value
6.8%
$176,220
$318,564
Loan Balance
I.O
$81,000
$81,000
$95,220
$237,564
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price