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$4.18M
$740,227
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$3,800,000
Medium
$3,500,000
Low
$3,200,000
Confidence
Medium
Discover a unique blend of Victorian elegance and modern living in this impressive family residence. Set on a picturesque 2024sqm garden-filled parcel near Lake Wendouree, this home exudes timeless charm with its grand façade, intricate cornices, and decorative ceilings. Offering five bedrooms and four bathrooms, including a luxurious master suite, it seamlessly combines vintage allure with contemporary conveniences. An open plan living area flows effortlessly to outdoor entertaining spaces amidst lush lawns. Featuring hydronic heating and split system for year-round comfort, and a two-car garage for practicality, its proximity to top schools, hospitals, and cafes makes it one of Ballarat’s finest homes.
Trusted by over 13k property buyers and counting...
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78.1%
$1.25M
2%
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Try Picki for FREE-$500,000
-$129,603
1.6%
Asking Price
$4,200,000
Estimated Purchase Price
$4,000,000
Stamp Duty
$240,000
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$400,000
Reg. Mortgage
$129
LMI Premium
$125,162
Renovation Costs
-
Total Cash/Equity Required
$770,652
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,453
$75,267
Interest Repayments
$237,600
$237,600
Net Cashflow Before Tax
-$185,147
-$162,333
Depreciation
-
-
Tax Offset
-$55,544
-$48,700
Net Cashflow After Tax
-$129,603
-$113,633
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$3,738,000
$6,757,415
Loan Balance
I.O
$3,600,000
$3,600,000
$138,000
$3,157,415
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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...
Try Picki for FREEAverage Population
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
