$2.7M
$474,254
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,900,000
Medium
$2,600,000
Low
$2,300,000
Confidence
Medium
Set back on a tree-lined street off Lake Wendouree, this distinguished residence beautifully combines Edwardian charm with modern sophistication. On a generous 1427sqm allotment, the property boasts meticulously landscaped English gardens and overlooks the Ballarat Botanical Gardens. The residence features three living areas, a formal lounge with an open fireplace, a Miele appliance-equipped kitchen, and a large entertaining deck. It has four bedrooms, including a luxurious master suite, hydronic heating, and extensive storage options. Designed by Jill O'Grady, this home also includes a double lockup garage and built-in irrigation.
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85.3%
$865K
131.7%
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Try Picki for FREE-$210,000
-$93,561
1.5%
Asking Price
$2,950,000
Estimated Purchase Price
$2,810,000
Stamp Duty
$162,650
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$281,000
Reg. Mortgage
$129
LMI Premium
$87,926
Renovation Costs
-
Total Cash/Equity Required
$537,067
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
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
$33,255
$47,941
Interest Repayments
$166,914
$166,914
Net Cashflow Before Tax
-$133,659
-$118,973
Depreciation
-
-
Tax Offset
-$40,098
-$35,692
Net Cashflow After Tax
-$93,561
-$83,281
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,776,800
$5,019,794
Loan Balance
I.O
$2,529,000
$2,529,000
$247,800
$2,490,794
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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