$800K
$149,733
"Nestled in the heart of Soldiers Hill, this expansive period home sits on a comfortable 455m2 approx block of prime real estate. Just moments from the vibrant Ballarat CBD, youll enjoy immediate access to cafes, shops, restaurants, schools, and the Ballarat Train Stationall right at your doorstep. From first glance, the weatherboard facade and charming front verandah, framed by a wellestablished garden, set the tone for this timeless home. Stepping inside, youre welcomed by classic features such as high ceilings, ornate cornices, picture rails, timber floors, and large timber trims, offering a glimpse of the character that runs throughout the property. The home boasts four spacious bedrooms, three of which feature fireplaces, all sharing a wellappointed bathroom with a spa bath, shower, and timber vanity. A separate toilet nearby adds extra convenience. Towards the rear, the home opens into a lightfilled openplan living area, perfect for family gatherings. The kitchen is a chefs delight, complete with modern appliances, a gas stove, dual wall ovens, dishwasher, dual sinks, and beautifully crafted cabinetry, all centered around an expansive breakfast bench. Central heating ensures warmth throughout the colder months, making this home cozy and comfortable yearround. Outside, a secure backyard with a back porch provides the ideal space for pets, outdoor relaxation, and secure offstreet parking. Effortlessly combining classic charm with modern appliances, all within an unbeatable location close to everything, makes this immense home one to be seen. Be quick to schedule in your inspection as this one is sure to be popular TH3009"
Below are some similar properties in the area you may be interested in.
-
64.4%
-
-
-$320,000
-$25,071
2.7%
1.9%
-15.2%
6.0%
Asking Price
$880,000
Estimated Purchase Price
$880,000
Stamp Duty
$47,870
Transfer Fee
$2,165
Conveyancing
$1,196
Deposit (10%)
$88,000
Reg. Mortgage
$129
LMI Premium
$25,092
Renovation Costs
-
Total Cash/Equity Required
$165,001
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,456
$24,032
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
-$35,816
-$28,240
Depreciation
-
-
Tax Offset
-$10,745
-$8,472
Net Cashflow After Tax
-$25,071
-$19,768
Assumptions
Year 1
Year 10
Property Value
6.8%
$598,080
$1,081,186
Loan Balance
I.O
$792,000
$792,000
-$193,920
$289,186
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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price