Withheld
$54,466
"This well presented and superbly crafted four bedroom home fills with natural light and has a welldesigned spacious and comfortable floorplan with multiple living areas ideal for formal living or parentteenage retreats, this home is one to suit all buyer categories. Situated on a 700sqm allotment in a highly regarded estate offering a fantastic locale close to shopping, sports stadiums, parks and playgrounds, primary and secondary schools including some of Ballarats renowned private schools, plus childcare and early learning centres. Easy access to the Western freeway and Wendouree train station for commuters. The good sized master suite is complete with ensuite and walkin robe, and built in robes to others. There is a lovely feature bay window to large formal livingdining space, a wellappointed open plan kitchen, meals and living zone that overlooks and seamlessly connects to the substantial outdoor all weather alfresco, a perfect private space to relax and entertain. All the comforts required with reverse cycle ducted air conditioning plus an appealing gas feature log fire, slate flooring of the era and ornate cornice and ceiling features. Ample parking with an all brick double garage and workshop and adjacent parking area for vehicles, caravan, motorhome or boat and also providing easy rear yard access if required. The delightful manicured gardens have been established over many years. Contact Rob to book your inspection and truly appreciate all this property has to offer."
Below are some similar properties in the area you may be interested in.
2.6%
75.4%
$510K
5%
-$170,000
-$15,749
3.2%
2.0%
-14.8%
6.0%
Asking Price
$550,000
Estimated Purchase Price
$575,000
Stamp Duty
$29,570
Transfer Fee
$1,451
Conveyancing
$1,196
Deposit (10%)
$57,500
Reg. Mortgage
$129
LMI Premium
$16,395
Renovation Costs
-
Total Cash/Equity Required
$106,791
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
$34,155
$34,155
Net Cashflow Before Tax
-$22,498
-$16,954
Depreciation
-
-
Tax Offset
-$6,750
-$5,086
Net Cashflow After Tax
-$15,749
-$11,868
Assumptions
Year 1
Year 10
Property Value
6.8%
$432,540
$781,929
Loan Balance
I.O
$517,500
$517,500
-$84,960
$264,429
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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