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$1.18M
$206,419
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
This impressive double brick home in Ballarat is a rare find. Situated near Lake Wendouree, it blends historic charm with modern convenience. The freshly painted interiors, new carpet, and polished timber floors create a contemporary yet timeless atmosphere. With four bedrooms, a study, and multiple living areas, the house offers flexibility for families or investors. Located on a low-maintenance 534m² block with gas central heating, a landscaped yard, and a single lock-up garage, this home is perfect as a family residence, lakeside retreat, or investment.
Trusted by over 13k property buyers and counting...
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65.4%
$845K
2.8%
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Try Picki for FREE-$70,000
-$24,971
3.5%
Asking Price
$1,175,000
Estimated Purchase Price
$1,120,000
Stamp Duty
$61,600
Transfer Fee
$2,727
Conveyancing
$1,196
Deposit (10%)
$112,000
Reg. Mortgage
$129
LMI Premium
$35,045
Renovation Costs
-
Total Cash/Equity Required
$213,246
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$30,855
$44,526
Interest Repayments
$66,528
$66,528
Net Cashflow Before Tax
-$35,673
-$22,002
Depreciation
-
-
Tax Offset
-$10,702
-$6,601
Net Cashflow After Tax
-$24,971
-$15,402
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,008,000
$1,008,000
$113,400
$1,019,224
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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
