$825K
$134,465
"Welcome to 3A Hillcrest Road, Nerrina, where an extraordinary lifestyle awaits. This nearnew Simmonds home, just approximately 12 months old, offers a unique blend of modern comfort, spacious living approximately 32 squares, and convenient location. Whether youre searching for a spacious family home or an entertainers paradise, this property delivers an exceptional living experience. Key Features Bedrooms and Ensuites This doublestorey residence boasts five generous bedrooms, including two master suites, each with its own ensuite. The thoughtful layout caters perfectly to family living and guest accommodation. Gourmet Kitchen The kitchen is a culinary delight, featuring 900mm gas cooking, stone benchtops, a butlers pantry, and ample storage space. YearRound Comfort Enjoy the perfect indoor climate with gas central heating and evaporative cooling. Living Areas The formal living area upstairs includes a convenient sink, ideal for entertaining, and opens onto a balcony with views towards the Ballarat CBD. IndoorOutdoor Living The main openplan living area downstairs seamlessly transitions to an undercover alfresco space with a custombuilt outdoor fireplace, perfect for yearround entertaining. Location and Surroundings Situated near the Monte Christo Bushland Reserve, 3A Hillcrest Road combines the tranquility of nature with the convenience of urban living. The Wallaby walking track, just 200m away, offers a 3.2km scenic route to the heart of Ballarat CBD, making both peaceful retreats and city amenities easily accessible. A Harmonious Blend 3A Hillcrest Road stands out not only for its exquisite design and highquality finishes but also for its ideal location. The balance of serene natural surroundings and proximity to city life ensures a harmonious lifestyle. Every detail, from the homes sophisticated interiors to its prime location, has been meticulously crafted to offer unparalleled living. Embrace the opportunity to make 3A Hillcrest Road your new home, where luxury, functionality, and location converge to create a truly remarkable residence. Ballarats BestSelling Team."
Below are some similar properties in the area you may be interested in.
-
90.3%
$763K
3.2%
$50,000
-$16,738
3.6%
2.6%
-12.4%
6.0%
Asking Price
$825,000
Estimated Purchase Price
$720,000
Stamp Duty
$38,270
Transfer Fee
$1,791
Conveyancing
$1,196
Deposit (10%)
$72,000
Reg. Mortgage
$129
LMI Premium
$20,530
Renovation Costs
-
Total Cash/Equity Required
$134,465
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
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
$18,856
$27,447
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$23,912
-$15,321
Depreciation
-
-
Tax Offset
-$7,174
-$4,596
Net Cashflow After Tax
-$16,738
-$10,724
Assumptions
Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$648,000
$648,000
$174,360
$838,631
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