$525K
$92,039
"Welcome to Le Sirenuse, a charming residence situated on a highly regarded street in Ballarat North. This inviting home features a grand entry hall leading into a formal living area adorned with an ornate fireplace, setting the tone for the elegance within. The spacious second family room, with lovely French doors, opens to a westerlyfacing entertainment deck that overlooks a beautifully maintained backyard, ideal for outdoor gatherings. The wellequipped kitchen boasts ample cupboard and pantry space, a dishwasher, and a builtin stoveoven. Its northerly aspect ensures an abundance of natural light, making meal preparation a pleasure in this bright and welcoming space. The home offers four generous bedrooms, each with substantial wardrobe space, and a centrally located single bathroom for convenience. Additional highlights include central heating and cooling for yearround comfort, a glassenclosed porch area at the rear of the property, and a carport under the main roofline with an additional offstreet parking space. The property spans approximately 805m and features two separate, private yards on either side of the home. Situated in a highly soughtafter area of Ballarat North, this property is just a short 5minute drive from the Ballarat CBD, with easy access to schools, public transport, and the Western Freeway. Ready to move in and with potential for further improvements, this home is a mustsee. Contact us today to explore your next potential home."
Below are some similar properties in the area you may be interested in.
-
81.9%
$665K
3.1%
-$80,000
-$14,917
3.3%
2.1%
-15.0%
6.0%
Asking Price
$560,000
Estimated Purchase Price
$555,000
Stamp Duty
$28,370
Transfer Fee
$1,404
Conveyancing
$1,196
Deposit (10%)
$55,500
Reg. Mortgage
$129
LMI Premium
$12,269
Renovation Costs
-
Total Cash/Equity Required
$99,418
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,657
$17,201
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$21,310
-$15,766
Depreciation
-
-
Tax Offset
-$6,393
-$4,730
Net Cashflow After Tax
-$14,917
-$11,037
Assumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$499,500
$499,500
$7,800
$417,578
Did you know you need to engage a conveyancer when buying a property?
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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