$1.35M
$250,972
"Introducing 36 Pinevale Way, Ballarat North an entertainers delight that offers luxurious living and an abundance of space. This stunning doublestorey home spans approx 50 squares and is situated on a generous 950m2 allotment also offering side access for caravan or additional vehicles. With its impeccable design and array of features, this property is sure to impress. As you step inside, youll be greeted by a grand foyer leading to a spacious living area with polished floorboards, creating a warm and inviting ambiance throughout. The central heating and split system ensure yearround comfort, while the double glazing enhances energy efficiency and reduces external noise. The home boasts four generously sized bedrooms, providing ample space for family and guests. The master bedroom features an ensuite bathroom, along with freestanding bath allowing for a private retreat. Additionally, there is a separate office spacestudy perfect for those working from home or convert to a fifth bedroom With three bathrooms in total, convenience and functionality are key. The stylishly appointed bathrooms are designed with modern fixtures and finishes, creating a spalike experience within the comfort of your own home. Car enthusiasts will appreciate the fivecar garage, providing plenty of room for vehicles and additional storage. Furthermore, the property is equipped with solar panels, reducing energy costs and contributing to a more sustainable lifestyle. Outdoor entertainment is at its finest with the external spa and two large deck areas. Enjoy gatherings with family and friends while taking in the picturesque views. The meticulously landscaped gardens complement the overall appeal of the property, creating a serene and tranquil atmosphere. The heart of the home lies in the large kitchen and dining area, perfect for culinary enthusiasts and those who love to entertain. The kitchen features 900mm freestanding oven, overhead rangehood, stone benchtops, ample storage, and a walkin pantry, providing functionality and style. The open plan design allows for seamless flow between the kitchen, dining area with bifold glass doors opening to the outdoor deck, making it an ideal space for hosting memorable events. In summary, 36 Pinevale Way, Ballarat North, offers a luxurious and spacious lifestyle in a soughtafter location. With its impressive features including central heating, split system, double glazing, solar panels, external spa, two large deck areas, polished floorboards, stone benchtops, large kitchen dining area with views, and a walkin pantry, this home truly is an entertainers delight. Dont miss the opportunity to make this exquisite property your own. Contact us today to arrange a private viewing."
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7.2%
81.2%
$810K
2.3%
-$815,000
-$46,342
1.5%
1.0%
-18.3%
6.0%
Asking Price
$1,350,000
Estimated Purchase Price
$1,335,000
Stamp Duty
$73,425
Transfer Fee
$3,230
Conveyancing
$1,196
Deposit (10%)
$133,500
Reg. Mortgage
$129
LMI Premium
$41,773
Renovation Costs
-
Total Cash/Equity Required
$253,802
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,096
$19,250
Interest Repayments
$79,299
$79,299
Net Cashflow Before Tax
-$66,203
-$60,049
Depreciation
-
-
Tax Offset
-$19,861
-$18,015
Net Cashflow After Tax
-$46,342
-$42,034
Assumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$1,201,500
$1,201,500
-$646,140
-$197,541
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