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$895K
$171,110
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Try Picki for FREEConfidence
Medium
High
$950,000
Medium
$850,000
Low
$750,000
Confidence
Not Applicable
Discover a stunning 1.1474ha parcel of land in Margaret River, perfectly positioned between Prevelly, Kilcarnup, and Gracetown. This prime location offers endless potential for holiday house development with its flat topography and excellent soil quality. Enjoy the privacy of a strategic design while being close to beaches, wineries, and local attractions. Access the property easily via Carter Road, just 6.5 km from town. With underground power at the front, this serene land provides an exceptional opportunity for those seeking a dream holiday home or tree change.
Trusted by over 13k property buyers and counting...
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76.5%
$1.83M
2.1%
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Try Picki for FREE-$110,000
-$43,785
-
Asking Price
$895,000
Estimated Purchase Price
$960,000
Stamp Duty
$40,556
Transfer Fee
$393
Conveyancing
$1,535
Deposit (10%)
$96,000
Reg. Mortgage
$203
LMI Premium
$27,373
Renovation Costs
-
Total Cash/Equity Required
$166,610
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
$57,024
$57,024
Net Cashflow Before Tax
-$62,550
-$64,234
Depreciation
-
-
Tax Offset
-$18,765
-$19,270
Net Cashflow After Tax
-$43,785
-$44,964
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Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$864,000
$864,000
$43,800
$777,086
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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
