$800K
$168,819
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$880,000
Medium
$800,000
Low
$720,000
Confidence
Medium
This 2058m2 block in Brown Hill offers ample space to build a grand home with potential for additional amenities like shedding. Positioned close to the Western freeway, it's ideal for commuters, providing easy access to the Ballarat CBD within approximately 15 minutes. This means you're close to city comforts, schools, and public transport while enjoying the tranquility of country living. It's a prime opportunity for those seeking a blend of convenience and peaceful lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
79.7%
$975K
1.3%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$100,000
-$25,903
2.6%
Asking Price
$800,000
Estimated Purchase Price
$900,000
Stamp Duty
$49,070
Transfer Fee
$2,212
Conveyancing
$1,196
Deposit (10%)
$90,000
Reg. Mortgage
$129
LMI Premium
$25,662
Renovation Costs
-
Total Cash/Equity Required
$168,819
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
$53,460
$53,460
Net Cashflow Before Tax
-$37,004
-$29,428
Depreciation
-
-
Tax Offset
-$11,101
-$8,828
Net Cashflow After Tax
-$25,903
-$20,600
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$810,000
$810,000
$44,400
$734,552
Below are some similar properties in the area you may be interested in.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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