$375K
$59,761
"Escape to rolling green hills with this 2,431 square metre rural block in a rural setting. Ready to build your dream home, this property includes a preapproved building permit, ensuring a seamless start to construction. Near level building envelope Power nearby 15 minutes to Mirboo North, 30 minutes to Leongatha Shipping container onsite Planning approval is for 4 bed, 2 bath home plus 10x7.7m shed Enjoy scenic views and the convenience of nearby utilities while embracing the opportunity to create your ideal rural self sufficient lifestyle property. Contact us today to explore this rare chance for rural living at its finest with the ability to build."
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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 - 13.0%
Health Care and Social Assistance - 13.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 53.0%
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
-
88.4%
-
-
$30,000
-$18,009
-
-
-29.7%
6.0%
Asking Price
$375,000
Estimated Purchase Price
$345,000
Stamp Duty
$15,770
Transfer Fee
$913
Conveyancing
$1,196
Deposit (10%)
$34,500
Reg. Mortgage
$129
LMI Premium
$7,627
Renovation Costs
-
Total Cash/Equity Required
$60,684
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,969
$2,569
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
-$5,234
-$6,829
Interest Repayments
$20,493
$20,493
Net Cashflow Before Tax
-$25,727
-$27,322
Depreciation
-
-
Tax Offset
-$7,718
-$8,197
Net Cashflow After Tax
-$18,009
-$19,126
Assumptions
Year 1
Year 10
Property Value
6.8%
$400,500
$724,009
Loan Balance
I.O
$310,500
$310,500
$90,000
$413,509
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