$445K
$85,584
"Proudly presenting a beautifully upgraded family residence tucked away in a serene treelined avenue just a stones throw from the heart of Ballarat. This 3bedroom, 1bathroom home invites you to experience the true essence of Ballarat living. From the moment you walk through the front door, be captivated by High Ceilings Polished Floorboards Embrace the grandeur and warmth of this charming abode. Recent Upgrades Enjoy a new central ducted heating system, fresh paint, and plush new floor coverings, all ready for you to move in and enjoy. Spacious Lounge Ideal for relaxation. OpenPlan KitchenMeals Area Perfect for family gatherings. Bonus Study Flexibility for a home office or additional large storage room. Outdoor Space Fully Enclosed Yard Safe for children to play. With huge upside potential to extend and renovate. Driveway Double Colour Bond Garage Secure parking and storage at the rear. Covered Alfresco Dining Area Perfect for entertaining. Prime Location Centrally Located Just 2 blocks from Sturt Streets shopping, dining, and entertainment hub. Proximity to Top Schools, Parks, and Public Transport Ensuring easy access to all city delights. Potential for Renovation While the house is ready to move in, it also offers great potential for renovation, allowing you to transform it into something truly special. This enchanting home represents outstanding value for First Home Buyers Families Seeking to Create Their Dream Home Savvy Investors Builders and Renovators Dont let this golden opportunity pass you by. Experience the perfect blend of character, comfort, and convenience at 211 Windermere Street, Ballarat Central your new forever home or ideal investment awaits. Contact us today for an exclusive viewing."
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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
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
-
62.1%
$668K
3.2%
$30,000
-$9,495
4.5%
3.0%
-11.5%
6.0%
Asking Price
$445,000
Estimated Purchase Price
$465,000
Stamp Duty
$22,970
Transfer Fee
$1,194
Conveyancing
$1,196
Deposit (10%)
$46,500
Reg. Mortgage
$129
LMI Premium
$10,279
Renovation Costs
-
Total Cash/Equity Required
$82,818
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
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
$14,056
$20,616
Interest Repayments
$27,621
$27,621
Net Cashflow Before Tax
-$13,565
-$7,005
Depreciation
-
-
Tax Offset
-$4,069
-$2,101
Net Cashflow After Tax
-$9,495
-$4,903
Assumptions
Year 1
Year 10
Property Value
6.8%
$528,660
$955,692
Loan Balance
I.O
$418,500
$418,500
$110,160
$537,192
Did you know you need to engage a conveyancer when buying a property?
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