$480K
$92,039
"Situated in the heart of popular Wendouree, this charming weatherboard residence is perfectly located for your convenience. Just a stones throw away, youll find Stockland Shopping Centre, Ballarat Grammar School, Mars Stadium, and with only an 8minute drive to Ballarats bustling CBD, youll be in the centre of it all. Whether youre a young family, a firsttime homebuyer, or an investor, this property caters to all your needs. Step inside, and youll be greeted by a spacious living area at the front of the house, complete with a gas heater and a split system for yearround comfort. The openplan kitchen and dining area have been tastefully updated, featuring a 900mm gas stove, oven, dishwasher, and ample storage, making it the perfect space for family gatherings and entertaining. This lovely home boasts three generous bedrooms, two of which include builtin robes for your storage needs. The recently updated family bathroom is a standout feature, offering a freestanding bath, a shower, vanity, and a toilet. Venture outside, and youll discover a large rear yard with a decked alfresco area, creating a fantastic space for outdoor activities and gatherings with family and friends. Additional features of this property include gas heating, split system heating and cooling, polished timber flooring, a single drivethrough carport, and a single lockup garage, ensuring ample car accommodation and storage space. Dont miss this opportunity to make 29 Grandview Grove, Wendouree your new home. Call today to book your private inspection and secure your piece of this soughtafter location. With 3 bedrooms, 1 bathroom, and 2 car spaces, this is the perfect place to create new memories."
Below are some similar properties in the area you may be interested in.
-
72.8%
$480K
3.8%
-$115,000
-$13,254
3.5%
2.3%
-14.4%
6.0%
Asking Price
$480,000
Estimated Purchase Price
$515,000
Stamp Duty
$25,970
Transfer Fee
$1,311
Conveyancing
$1,196
Deposit (10%)
$51,500
Reg. Mortgage
$129
LMI Premium
$11,385
Renovation Costs
-
Total Cash/Equity Required
$92,040
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
$30,591
$30,591
Net Cashflow Before Tax
-$18,934
-$13,390
Depreciation
-
-
Tax Offset
-$5,680
-$4,017
Net Cashflow After Tax
-$13,254
-$9,373
Assumptions
Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$463,500
$463,500
-$36,300
$308,776
Did you know you need to engage a conveyancer when buying a property?
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price