$895K
$165,001
"Designed for those who aspire to a quality lifestyle, with a focus on sophistication and luxury, this stunning residence showcases irresistible lifestyle benefits in a premier locale. The impressive facade is supported by contemporary elegance that brilliantly showcases this modern home. The home consists of 4 excellent sized bedrooms, with the large master treated to his hers WIRs and resort style double ensuite. Expansive lightsoaked spaces are highlighted by the soft tones of timber flooring and include a front sitting room overlooking taking in the expansive views of Ballarat, large open plan kitchenmealliving area with beautiful stone benches, Asko stainless steel appliances and huge WIP. For those who love to entertain, the huge undercover, merbau decked entertain leads straight off the main living areas and in turn leads out to the 900m2 of manicured gardens. The separate 3rd living areas is the perfect kids area or theatre room and adds flexibility to those looking for that little bit extra space. Other outstanding features of the home is gas central heating, refrigerating cooling, 5kw solar system, double glazing, sound system throughout, double lock up garage with internal access and additional downstairs room which is perfect for a home gym or just extra storage. Homes of this quality and size in this location are rare to find. Be sure to book your inspection today. This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information."
Below are some similar properties in the area you may be interested in.
-
70.6%
$530K
3.9%
-$135,000
-$25,279
2.6%
1.9%
-15.2%
6.0%
Asking Price
$895,000
Estimated Purchase Price
$885,000
Stamp Duty
$48,170
Transfer Fee
$2,177
Conveyancing
$1,196
Deposit (10%)
$88,500
Reg. Mortgage
$129
LMI Premium
$25,235
Renovation Costs
-
Total Cash/Equity Required
$165,956
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
$52,569
$52,569
Net Cashflow Before Tax
-$36,113
-$28,537
Depreciation
-
-
Tax Offset
-$10,834
-$8,561
Net Cashflow After Tax
-$25,279
-$19,976
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$796,500
$796,500
$4,500
$651,517
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
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