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$249K
$43,400
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High
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Medium
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Low
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Confidence
This extraordinary piece of land stands out as a prime opportunity for discerning buyers. Featuring an expansive lot size and breathtaking ocean views, it truly encapsulates the essence of coastal living. Buyers seeking a remarkable location with the potential for future development will find this property highly appealing. Its unique features contribute to its desirability, ensuring it won't remain on the market for long.
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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
Agriculture, Forestry and Fishing - 45.0%
Construction - 8.0%
Retail Trade - 6.0%
Accommodation and Food Services - 5.0%
Others - 36.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
0%
90.3%
$250K
11.9%
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-$14,775
-
Asking Price
$249,000
Estimated Purchase Price
$270,000
Stamp Duty
$7,695
Transfer Fee
$253
Conveyancing
$1,535
Deposit (10%)
$27,000
Reg. Mortgage
$203
LMI Premium
$4,613
Renovation Costs
-
Total Cash/Equity Required
$41,849
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,364
$1,780
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
-$5,069
-$6,614
Interest Repayments
$16,038
$16,038
Net Cashflow Before Tax
-$21,107
-$22,652
Depreciation
-
-
Tax Offset
-$6,332
-$6,796
Net Cashflow After Tax
-$14,775
-$15,856
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Year 1
Year 10
Property Value
6.8%
$283,020
$511,633
Loan Balance
I.O
$243,000
$243,000
$40,020
$268,633
