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$695K
$113,471
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Not Found
This beautiful home, set on an 825m2 block in Ballarat, sits adjacent to the Midlands Golf Course and offers a mix of luxury and convenience. It features dual living with a main house and a self-contained bungalow, ideal for families or rental opportunities. The main house has an open kitchen with high-end finishes, three spacious bedrooms with built-in robes, and a master bedroom with a walk-in robe. A renovated bathroom, multiple heating and cooling options, and a large deck with course views highlight the offering. Proximity to the Midlands Golf Club, Ballarat, Wendouree CBDs, and the Western Freeway adds convenience to this well-connected family 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 2024 to 2026
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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
0%
92%
$568K
4.5%
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-$30,626
-
Asking Price
$699,000
Estimated Purchase Price
$650,000
Stamp Duty
$34,070
Transfer Fee
$1,627
Conveyancing
$1,196
Deposit (10%)
$65,000
Reg. Mortgage
$129
LMI Premium
$18,534
Renovation Costs
-
Total Cash/Equity Required
$121,105
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,142
-$6,709
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$43,752
-$45,319
Depreciation
-
-
Tax Offset
-$13,126
-$13,596
Net Cashflow After Tax
-$30,626
-$31,723
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$585,000
$585,000
$109,200
$669,948
