$400K
$78,206
"Nestled in the heart of Sebastopol, this charming family residence rests on a generous 493m2 approx plot of land, promising a comfortable and convenient lifestyle. Within strolling distance, an array of shops, supermarkets, entertainment venues, and bus stops awaits, while a brief drive transports you to the bustling Ballarat CBD. This prime location makes it an ideal haven for a family to call home. The exterior of the residence greets you with an enchanting weatherboard facade, framed by mature trees and manicured lawns, setting the scene for the splendors within. Step inside, and the ambiance is immediately elevated by decorative cornices, picture rails, and rich timber flooring, imbuing the home with a timeless character. The dwelling comprises three generouslysized bedrooms, two of which are fitted with builtin robes, sharing a wellappointed main bathroom featuring a showerbath, vanity and a shaving cabinet, complemented by a separate toilet. The kitchen and dining area beckon with a freestanding ovenstove, complemented by warm timber cabinetry and a dishwasher, creating a functional and inviting space. To the rear, the family area unfolds, providing a capacious retreat for relaxation and leisure. The home is thoughtfully equipped with both gas heating and airconditioning, ensuring yearround comfort. Venturing outdoors, an enticing entertaining area beckons, accompanied by a secure carport and garage concealed behind private gates. The expansive backyard, adorned with lush lawns and thriving gardens, presents an idyllic playground for children and pets alike. Be quick to schedule in your inspection as this one is sure to be popular TH1502"
Below are some similar properties in the area you may be interested in.
4.8%
67.9%
-
-
-$30,000
-$9,720
4.2%
2.7%
-12.7%
6.0%
Asking Price
$400,000
Estimated Purchase Price
$430,000
Stamp Duty
$20,870
Transfer Fee
$1,112
Conveyancing
$1,196
Deposit (10%)
$43,000
Reg. Mortgage
$129
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$76,362
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
$25,542
$25,542
Net Cashflow Before Tax
-$13,885
-$8,341
Depreciation
-
-
Tax Offset
-$4,166
-$2,502
Net Cashflow After Tax
-$9,720
-$5,839
Assumptions
Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$387,000
$387,000
$40,200
$385,276
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price