Withheld
$2,085
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$2,600,000
Medium
$2,200,000
Low
$1,800,000
Confidence
Not Found
Discover an expansive rural retreat with immense potential on Fontana Road. Encompassing 211 acres, this property is divided into two distinct segments: 155 acres of lush, rolling farmland featuring beautiful creek lines, a settlers cottage, and spacious sheds, and an additional 56 acres of bushland with its own address, power connection, and a Bovell kit home. The land offers prospects for subdivision (pending approval), a creek lined by natural features perfect for a gully wall dam, and boasts expansive picturesque views. Ideal for those seeking both development opportunities and serene living.
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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
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
71.8%
$1.21M
1.8%
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Try Picki for FREE$2,200,000
-$3,868
-
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
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,821
$2,376
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
-$5,526
-$7,210
Interest Repayments
-
-
Net Cashflow Before Tax
-$5,526
-$7,210
Depreciation
-
-
Tax Offset
-$1,658
-$2,163
Net Cashflow After Tax
-$3,868
-$5,047
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,349,600
$4,247,518
Loan Balance
I.O
-
-
$2,349,600
$4,247,518