$1.5M
$256,631
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
Experience the tranquility of rural living just 12 minutes from Ballarat with this family-friendly property. Spanning approximately 7 fertile acres, this home features six bedrooms, a study, and three bathrooms, including a master ensuite. Enjoy multiple living areas with cathedral ceilings, an open-plan kitchen, and a cozy wood heater for year-round comfort. Outdoors, find city utilities augmented by bore and tank water. With ample space for vehicles and versatile storage, this property offers a perfect blend of natural beauty and practical living.
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91.6%
$848K
201.3%
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Try Picki for FREE$15,000
-$26,476
3.0%
Asking Price
-
Estimated Purchase Price
$1,035,000
Stamp Duty
$56,925
Transfer Fee
$2,528
Conveyancing
$1,196
Deposit (10%)
$103,500
Reg. Mortgage
$129
LMI Premium
$29,512
Renovation Costs
-
Total Cash/Equity Required
$194,339
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,656
$34,279
Interest Repayments
$61,479
$61,479
Net Cashflow Before Tax
-$37,823
-$27,200
Depreciation
-
-
Tax Offset
-$11,347
-$8,160
Net Cashflow After Tax
-$26,476
-$19,040
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$931,500
$931,500
$189,900
$1,095,724
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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
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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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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