$790K
$132,556
"Located in the highly soughtafter Lake Gardens neighbourhood, this splendid property offers the perfect blend of comfort, convenience, and modern living, making it an ideal home for families seeking both style and functionality. Situated in the heart of Lake Gardens, this home enjoys a truly enviable location. Residents can relish the tranquillity of suburban living while being just moments away from a range of convenient amenities. A short stroll leads to pristine parks, charming cafes, and local schools, ensuring every member of the family can find something to delight in. With easy access to major roads and public transportation, commuting to Ballarats bustling city centre is a breeze. The home backs on to the sporting precinct making it the perfect home for families. As you step inside, youll be greeted by a warm and inviting atmosphere that flows seamlessly throughout the entire property. The spacious living, kitchen, and dining area creates an openconcept layout, perfect for both relaxed family moments and entertaining guests. The gas heating in the formal living and the split system heating and cooling in the open plan living area ensures yearround comfort. The kitchen features modern appliances, ample counter space, and sleek cabinetry. Adjacent to the kitchen, the dining area presents a charming space for sharing meals and creating lasting memories. This lovely home boasts four generouslysized bedrooms, offering plenty of space for the whole family to unwind and recharge. The master suite is a serene retreat, complete with an ensuite bathroom and walk in robe, providing a private haven for relaxation. An additional bathroom accommodates the other bedrooms, ensuring convenience for everyone. Step outside to discover the enchanting outdoor area, perfect for enjoying the warmer days. The wellmaintained garden provides an excellent backdrop for gatherings, playtime, or simply unwinding with a good book. Whether its a barbecue with friends or a quiet evening under the stars, this outdoor space is sure to become a cherished part of your lifestyle. Dont miss the opportunity to make 13 St Chester Avenue your new home. Contact us today to arrange a private viewing."
-
68.1%
$813K
2.5%
$10,000
-$18,834
3.2%
2.3%
-13.8%
6.0%
Asking Price
$790,000
Estimated Purchase Price
$730,000
Stamp Duty
$38,870
Transfer Fee
$1,814
Conveyancing
$1,196
Deposit (10%)
$73,000
Reg. Mortgage
$129
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$136,373
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,877
$2,449
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,456
$24,032
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$26,906
-$19,330
Depreciation
-
-
Tax Offset
-$8,072
-$5,799
Net Cashflow After Tax
-$18,834
-$13,531
Assumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$657,000
$657,000
$133,320
$771,711
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
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