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$539K
$83,739
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Try Picki for FREEConfidence
Medium
High
$530,000
Medium
$480,000
Low
$430,000
Confidence
Low
This comfortable home in Cardigan Village is perfect for family living, offering three bedrooms and two spacious living areas. The master bedroom, situated at the front, features an ensuite and walk-in robe. Bedrooms two and three are conveniently located near a family bathroom. Two living areas include a formal lounge and a rear family zone with a stylish gas log fire. With gas central heating and evaporative cooling, comfort is ensured year-round. The home includes an enclosed paved entertaining space, a double garage with side access, and two Colorbond sheds. Positioned a short drive from Ballarat's CBD, this property is an ideal investment opportunity with a rental return of $390-$420 per week.
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93%
$545K
505.7%
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Try Picki for FREE-$30,000
-$12,038
3.9%
Asking Price
$539,000
Estimated Purchase Price
$510,000
Stamp Duty
$25,670
Transfer Fee
$1,299
Conveyancing
$1,196
Deposit (10%)
$51,000
Reg. Mortgage
$129
LMI Premium
$11,274
Renovation Costs
-
Total Cash/Equity Required
$91,118
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
$30,294
$30,294
Net Cashflow Before Tax
-$17,198
-$11,044
Depreciation
-
-
Tax Offset
-$5,159
-$3,313
Net Cashflow After Tax
-$12,038
-$7,731
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$459,000
$459,000
$53,640
$467,731
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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...
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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
