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$1.85M
$323,116
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
High
This spectacular property in Ballarat seamlessly blends timeless charm with modern luxury. Enjoy breathtaking views of Lake Wendouree from light-filled living spaces and bedrooms. The heart of the home is a bespoke kitchen featuring hand-painted cabinetry and high-end appliances by Miele, Smeg, and ILVE. A separate rear unit offers additional space and privacy with its own ensuite. The family-oriented floorplan includes dual living areas, three bathrooms, a wood fireplace, and split systems to ensure comfort year-round. Meticulously landscaped gardens and alfresco areas provide serene outdoor spaces, complemented by a gazebo covered in grapevine. Conveniently located near schools, shops, and recreation, this residence epitomizes refined living in a prime location.
Trusted by over 13k property buyers and counting...
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85.3%
$865K
131.7%
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Try Picki for FREE$140,000
-$52,381
2.4%
Asking Price
$1,950,000
Estimated Purchase Price
$1,860,000
Stamp Duty
$102,300
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$186,000
Reg. Mortgage
$129
LMI Premium
$58,200
Renovation Costs
-
Total Cash/Equity Required
$351,991
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$35,655
$51,357
Interest Repayments
$110,484
$110,484
Net Cashflow Before Tax
-$74,829
-$59,127
Depreciation
-
-
Tax Offset
-$22,449
-$17,738
Net Cashflow After Tax
-$52,381
-$41,389
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,674,000
$1,674,000
$462,000
$2,187,380
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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
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
