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$390K
$72,673
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$400,000
Medium
$380,000
Low
$360,000
Confidence
Medium
Located in a highly desirable area, this three-bedroom brick veneer home sits on a 652m2 approximate lot. It's near schools, shops, public transport, and just minutes from Ballarat CBD. The house offers an open plan kitchen, dining, and living area. Two bedrooms include built-in robes. A central bathroom and a separate laundry with backyard access complete the interior. The property features a long driveway, off-street parking, a lock-up shed, and a fully enclosed backyard. A bungalow at the rear offers renovation potential.
Trusted by over 13k property buyers and counting...
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66.3%
$430K
4.8%
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Try Picki for FREE-$20,000
-$8,472
4.5%
Asking Price
$390,000
Estimated Purchase Price
$400,000
Stamp Duty
$19,070
Transfer Fee
$1,042
Conveyancing
$1,196
Deposit (10%)
$40,000
Reg. Mortgage
$129
LMI Premium
$8,842
Renovation Costs
-
Total Cash/Equity Required
$70,829
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,657
$17,201
Interest Repayments
$23,760
$23,760
Net Cashflow Before Tax
-$12,103
-$6,559
Depreciation
-
-
Tax Offset
-$3,631
-$1,968
Net Cashflow After Tax
-$8,472
-$4,592
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$360,000
$360,000
$45,840
$373,662
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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
