$850K
$158,322
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
Discover a rare opportunity with this expansive 1-acre property featuring a four-bedroom residence—perfect for both families and investors. Only 15 minutes from Ballarat's town center, the location blends semi-rural charm with urban convenience. Its generous indoor and outdoor spaces offer a unique lifestyle for families to enjoy, while its size and prime position make it ideal for future subdivision or development. This property is a standout for investment growth.
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Try Picki for FREELocation, 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...
Try Picki for FREEAverage Population
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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0%
81.8%
$710K
3%
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Try Picki for FREE$570,000
+
-
Asking Price
$1,000
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
$1,196
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
$1,746
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,016
$21,982
Interest Repayments
-
-
Net Cashflow Before Tax
$15,016
$21,982
Depreciation
-
-
Tax Offset
$4,505
$6,595
Net Cashflow After Tax
$10,511
$15,388
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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
-
-
$608,760
$1,100,493