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$530K
$93,884
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Try Picki for FREEConfidence
High
High
$510,000
Medium
$480,000
Low
$450,000
Confidence
Medium
Nestled on a 604m2 block, this spacious three-bedroom home offers functional living with an open floor plan. Conveniently situated near parks, schools, shopping, and public transport, it's also just a short drive to Ballarat CBD. Enjoy a master suite with ensuite and walk-in robe, a well-appointed kitchen, two living areas, and a private study with natural light. Stay comfortable year-round with gas central heating and a split system. Outdoor features include an undercover entertaining area and a spacious rear yard for play. Parking is made easy with a double garage and rear property access.
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86.6%
$590K
3.9%
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Try Picki for FREE-$45,000
-$11,318
4.2%
Asking Price
$530,000
Estimated Purchase Price
$525,000
Stamp Duty
$26,570
Transfer Fee
$1,334
Conveyancing
$1,196
Deposit (10%)
$52,500
Reg. Mortgage
$129
LMI Premium
$11,606
Renovation Costs
-
Total Cash/Equity Required
$93,884
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,016
$21,982
Interest Repayments
$31,185
$31,185
Net Cashflow Before Tax
-$16,169
-$9,203
Depreciation
-
-
Tax Offset
-$4,851
-$2,761
Net Cashflow After Tax
-$11,318
-$6,442
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$472,500
$472,500
$40,140
$454,231
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
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Trusted by over 13,000 property buyers and counting...
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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
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