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$1.8M
$349,524
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,600,000
Low
$1,400,000
Confidence
Medium
Discover a unique 53-hectare property in the desirable Karridale region, steeped in history and offering diverse farming and lifestyle potential. Once home to Sir John Forrest, the land features untouched bushland and a majestic karri and marri forest. With 30 hectares of productive pasture and a eucalyptus plantation, it's ideal for livestock or cropping. Enjoy a peaceful setting close to Karridale, Augusta, and Margaret River. The property includes a cattle adjistment lease until July 2025, a natural spring, creeks, and a dam, offering a rare chance to build your dream home amidst natural beauty.
Trusted by over 13k property buyers and counting...
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72.2%
$640K
5.1%
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Try Picki for FREE-$310,000
-$43,188
3.3%
Asking Price
$1,800,000
Estimated Purchase Price
$1,910,000
Stamp Duty
$89,481
Transfer Fee
$593
Conveyancing
$1,535
Deposit (10%)
$191,000
Reg. Mortgage
$203
LMI Premium
$59,765
Renovation Costs
-
Total Cash/Equity Required
$343,126
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+8.2% PA
$5,117
$7,283
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
$51,757
$74,322
Interest Repayments
$113,454
$113,454
Net Cashflow Before Tax
-$61,697
-$39,132
Depreciation
-
-
Tax Offset
-$18,509
-$11,740
Net Cashflow After Tax
-$43,188
-$27,393
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,719,000
$1,719,000
-$10,200
$1,370,104
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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
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
