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Withheld
$372,373
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,400,000
Medium
$2,100,000
Low
$1,800,000
Confidence
Medium
4762 Bussell Highway offers a unique 82-acre property located just 3km from Busselton and 7 minutes from the Busselton Margaret River Airport. Overlooking the stunning Vasse Estuary, this land presents a chance for development or creating a private estate. The existing residence, suitable for temporary living, requires renovations. The current owners have made it livable while running a cattle farm. With the potential for subdivision and cashflow increase through holiday rentals, due diligence, especially on development prospects with the City of Busselton, is crucial.
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92.5%
-
-
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Try Picki for FREE$2,100,000
+
-
Asking Price
$2,000
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
$1,535
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
$2,085
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$104,000
$148,024
Property Management
+8.2% PA
$8,528
$12,138
Rates
+3.0% PA
$1,878
$2,450
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
$89,889
$128,602
Interest Repayments
-
-
Net Cashflow Before Tax
$89,889
$128,602
Depreciation
-
-
Tax Offset
$26,967
$38,581
Net Cashflow After Tax
$62,922
$90,021
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Year 1
Year 10
Property Value
6.8%
$2,242,800
$4,054,449
Loan Balance
I.O
-
-
$2,242,800
$4,054,449
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2021 Population
Suburbs
Accommodation and Food Services - 13.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 10.0%
Others - 52.0%
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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
