The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$6.75M
$1,352,300
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$7,200,000
Medium
$6,750,000
Low
$6,300,000
Confidence
Not Found
Discover the allure of Margaret River with this sprawling 303-acre rural property zoned for agricultural pursuits. Perfectly located just 6 km from the town center and 3.5 km from the coast, this prime estate offers tranquil rolling pastures, abundant water sources, and stunning views. Encompassing two titles – Lot 61 and Lot 700 on Caves Road – the property is a blank canvas for your dream countryside retreat, with potential for horticulture, livestock, and tourism ventures. Located in a region famed for its wine, with convenient access to the area’s best natural and cultural attractions, this property promises a truly five-star rural lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
76.5%
$1.83M
2.1%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$1,055,000
-$305,531
-
Asking Price
$6,750,000
Estimated Purchase Price
$7,255,000
Stamp Duty
$364,748
Transfer Fee
$1,633
Conveyancing
$1,535
Deposit (10%)
$725,500
Reg. Mortgage
$203
LMI Premium
$227,012
Renovation Costs
-
Total Cash/Equity Required
$1,321,181
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
$430,947
$430,947
Net Cashflow Before Tax
-$436,473
-$438,157
Depreciation
-
-
Tax Offset
-$130,942
-$131,447
Net Cashflow After Tax
-$305,531
-$306,710
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$6,621,600
$11,970,277
Loan Balance
I.O
$6,529,500
$6,529,500
$92,100
$5,440,777
Below are some similar properties in the area you may be interested in.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
