Withheld
-
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
4762 Bussell Highway offers a unique lifestyle opportunity on nearly 82 acres with views of the Vasse Estuary and the Busselton jetty nearby. Only 3km from Busselton and 7 minutes from the airport, this property provides the perfect blend of rural charm and city convenience. The current home, requiring renovation, has been lived in for 50 years and is part of an operating cattle farm. Potential for development exists, with possibilities for subdivision into 2ha blocks. The property also presents options for increased income through short-term rentals like Airbnb, catering to a growing market. While the site promises numerous opportunities, detailed consultation with city planning is recommended. The property includes residential and farm buildings, and access to utilities like a bore.
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63.7%
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Try Picki for FREE$2,000,000
+
-
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
$114,400
$162,827
Property Management
+8.2% PA
$9,381
$13,352
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
$99,436
$142,191
Interest Repayments
-
-
Net Cashflow Before Tax
$99,436
$142,191
Depreciation
-
-
Tax Offset
$29,831
$42,657
Net Cashflow After Tax
$69,605
$99,533
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
-
-
$2,136,000
$3,861,380
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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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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
No data available
Average Days of Supply
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Average Population
Sold Price
Asking Price