Withheld
$266,254
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Medium
Discover a rare opportunity to invest in a unique 405-acre parcel of land near Leeuwin Naturaliste National Park in Western Australia. This expansive property straddles both General and Priority Agriculture zonings, offering flexibility for future development. Revel in the peace offered by remnant forests, a winter stream, and diverse wildlife. Enjoy rental income from four charming dwellings: a 3-bedroom main residence and three one-bedroom cottages. Conveniently located near Caves Road and Bussell Highway, it offers easy access to Margaret River's amenities and stunning coastal spots. Key features include a blue gum plantation lease, rainwater tanks, and a well-positioned plant shed. Ideal for investors or lifestyle seekers seeking a balance of tranquility and proximity to urban conveniences.
Trusted by over 13k property buyers and counting...
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53.7%
$1.55M
2%
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Try Picki for FREE$60,000
+
15.7%
Asking Price
-
Estimated Purchase Price
$1,490,000
Stamp Duty
$67,851
Transfer Fee
$493
Conveyancing
$1,535
Deposit (10%)
$149,000
Reg. Mortgage
$203
LMI Premium
$46,623
Renovation Costs
-
Total Cash/Equity Required
$266,254
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$234,000
$333,055
Property Management
+8.2% PA
$19,188
$27,311
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
$209,286
$298,534
Interest Repayments
$88,506
$88,506
Net Cashflow Before Tax
$120,780
$210,028
Depreciation
-
-
Tax Offset
$36,234
$63,008
Net Cashflow After Tax
$84,546
$147,020
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,341,000
$1,341,000
$314,400
$1,651,569
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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...
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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
Average Vacancy Rate
Average Days of Supply
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Sold Price
Asking Price