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$400K
$72,918
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Try Picki for FREEConfidence
High
High
$463,000
Medium
$429,000
Low
$395,000
Confidence
Not Applicable
This is a rare opportunity to own a spacious 3-acre block in the highly sought-after Sovereign Hill Estate. Enjoy privacy and stunning views from this elevated position, not affected by bush fire risk. The property boasts a power meter switchboard already installed, and house plans are available upon request. With no building restrictions or timeframes, you have the freedom to create your dream home at your own pace. Located within a vibrant community with local amenities and close to Moore River and Two Rocks Marina, this land offers the perfect blend of tranquility and convenience for families.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, 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 - 45.0%
Construction - 8.0%
Retail Trade - 6.0%
Accommodation and Food Services - 5.0%
Others - 36.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
Below are some similar properties in the area you may be interested in.
0%
89.7%
$565K
6.4%
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Try Picki for FREE-$30,000
-$22,675
-
Asking Price
$429,000
Estimated Purchase Price
$460,000
Stamp Duty
$15,865
Transfer Fee
$293
Conveyancing
$1,535
Deposit (10%)
$46,000
Reg. Mortgage
$203
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$74,615
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,364
$1,780
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,069
-$6,614
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$32,393
-$33,938
Depreciation
-
-
Tax Offset
-$9,718
-$10,181
Net Cashflow After Tax
-$22,675
-$23,757
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$459,240
$830,197
Loan Balance
I.O
$414,000
$414,000
$45,240
$416,197
