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$595K
$95,728
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Try Picki for FREEConfidence
High
High
$700,000
Medium
$620,000
Low
$540,000
Confidence
Medium
This charming three-bedroom brick home offers a delightful blend of modern updates and timeless appeal. Nestled in a peaceful area, it features a sundrenched backyard, a sunroom for morning relaxation, and ample parking with a garage, workshop, and carport. Inside, enjoy the cozy warmth of gas central heating. The home's location is a major asset, with cafes, schools, sporting facilities, and public transport within easy reach. The Ballarat CBD is just minutes away, making this move-in-ready sanctuary perfect for those seeking both tranquility and convenience.
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61.1%
$530K
3.4%
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Try Picki for FREE$5,000
-$8,614
5.1%
Asking Price
$595,000
Estimated Purchase Price
$565,000
Stamp Duty
$28,970
Transfer Fee
$1,428
Conveyancing
$1,196
Deposit (10%)
$56,500
Reg. Mortgage
$129
LMI Premium
$16,110
Renovation Costs
-
Total Cash/Equity Required
$104,883
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,256
$30,863
Interest Repayments
$33,561
$33,561
Net Cashflow Before Tax
-$12,305
-$2,698
Depreciation
-
-
Tax Offset
-$3,692
-$809
Net Cashflow After Tax
-$8,614
-$1,888
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$508,500
$508,500
$100,260
$591,993
Location, 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
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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
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