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$470K
$87,428
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Situated in a lively Ballarat suburb, this charming family home promises both convenience and comfort. A stone's throw from Victory Park, it also offers quick access to educational institutions and bustling shopping areas. Featuring three generously sized bedrooms, including a master suite with a renovated ensuite, the house ensures ample storage through built-in robes. Natural light fills the living area, warmed by a gas heater, while the open-plan kitchen and dining space boast modern updates and plenty of storage. The outdoor area is perfect for families, complete with a covered entertaining area and a large backyard framed by mature trees. Additional parking features include a carport and a lock-up garage. It's an appealing choice for anyone looking for a well-positioned, comfortable home.
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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
Below are some similar properties in the area you may be interested in.
4.8%
65.5%
$400K
5%
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Try Picki for FREE-$35,000
-$10,999
4.1%
Asking Price
$470,000
Estimated Purchase Price
$485,000
Stamp Duty
$24,170
Transfer Fee
$1,241
Conveyancing
$1,196
Deposit (10%)
$48,500
Reg. Mortgage
$129
LMI Premium
$10,722
Renovation Costs
-
Total Cash/Equity Required
$86,507
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,096
$19,250
Interest Repayments
$28,809
$28,809
Net Cashflow Before Tax
-$15,713
-$9,559
Depreciation
-
-
Tax Offset
-$4,714
-$2,868
Net Cashflow After Tax
-$10,999
-$6,691
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$436,500
$436,500
$44,100
$432,310
