$949K
$160,230
"Recently rebuilt from the ground up, the quality, craftsmanship, and attention to detail are evident from the moment you enter this stunning executive family home, combining luxury and practicality in a bluechip locale. The impressive designer kitchen features dual ovens, stone benchtops, softclose cabinetry, and a walkin pantry. The master suite boasts a walkin robe and a stylish ensuite with floortoceiling tiles, a double walkin shower, and a double vanity. Two additional bedrooms come with builtin robes, and theres also a designated home office. The family bathroom enjoys floortoceiling tiles and a separate toilet. The home is equipped with ducted heating and refrigerated cooling throughout. The lightfilled openplan living and dining space features a gas log fire for extra warmth and ambience. An extra rumpus room, ideal for entertaining, flows seamlessly out to the elevated back deck, capturing the breathtaking outlook across Ballarat. There is also an exceptionally spacious front formal lounge or private parents retreat. The oversized double garage comes with direct access and a rear roller door. The property sits on a private and secure 608m2 approx. allotment and includes a large basement and workshop for extra storage, ideal for running a home business or potential conversion into selfcontained accommodation. With the CBD, Ballarat Station, GovHub, schools, parkland, walking trails, and more all available nearby, this remarkable home is the definition of style, class, and luxury without compromising on family livability. Act now to avoid missing out on this opportunity to enjoy the best of vibrant Ballarat. Ballarats BestSelling Team"
Below are some similar properties in the area you may be interested in.
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79.8%
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-$450,000
-$26,751
2.4%
1.6%
-16.2%
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Asking Price
$949,000
Estimated Purchase Price
$880,000
Stamp Duty
$47,870
Transfer Fee
$2,165
Conveyancing
$1,196
Deposit (10%)
$88,000
Reg. Mortgage
$129
LMI Premium
$25,092
Renovation Costs
-
Total Cash/Equity Required
$165,001
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
$52,272
$52,272
Net Cashflow Before Tax
-$38,216
-$31,656
Depreciation
-
-
Tax Offset
-$11,465
-$9,497
Net Cashflow After Tax
-$26,751
-$22,159
Assumptions
Year 1
Year 10
Property Value
6.8%
$459,240
$830,197
Loan Balance
I.O
$792,000
$792,000
-$332,760
$38,197
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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 Days of Supply
Sold Price
Asking Price