$2.95M
$465,696
Confidence
Medium
High
$3,250,000
Medium
$2,950,000
Low
$2,350,000
Confidence
Low
"54 hectares with stunning views up and down the Collie river valley and out to the ocean. Very secluded and private but only a 5minute drive to Burekup Passive solar shed house on solarbattery power. Views from the full kitchen down the hills and across the valley. Large bathroom and 3bedroom areas in the upstairs loft area. Large private main bedroom off the open plan living area. Several big gulley dams in the creek and rainwater tanks provide abundant water. Reticulated irrigation to fruit trees and veggie gardens plus a comprehensive bush fire suppression system. Three separate paddocks with good quality pastures free from most noxious weeds. A great deal of work has gone into making this property the rural oasis it is. Call Paul Clarke to book a private viewing today."
-
70.6%
$950K
4.9%
$370,000
-$99,379
0.7%
0.4%
-21.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$2,950,000
Estimated Purchase Price
$2,580,000
Stamp Duty
$123,986
Transfer Fee
$693
Conveyancing
$1,535
Deposit (10%)
$258,000
Reg. Mortgage
$203
LMI Premium
$80,729
Renovation Costs
-
Total Cash/Equity Required
$465,696
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.2% PA
$1,492
$2,124
Rates
+3.0% PA
$1,721
$2,246
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
$11,282
$16,700
Interest Repayments
$153,252
$153,252
Net Cashflow Before Tax
-$141,970
-$136,552
Depreciation
-
-
Tax Offset
-$42,591
-$40,965
Net Cashflow After Tax
-$99,379
-$95,586
Assumptions
Year 1
Year 10
Property Value
6.8%
$3,150,600
$5,695,535
Loan Balance
I.O
$2,322,000
$2,322,000
$828,600
$3,373,535
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2021 Population
Suburbs
Manufacturing - 15.0%
Retail Trade - 14.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 10.0%
Others - 50.0%
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