$390K
$76,362
"An incredible opportunity has presented itself to start building your dream home in a country township full of character and only 15 minutes to the Ballarat CBD. This large 1924m2 approx. allotment offers an attractive mix of space and comfort with plenty of room for sheds, a large backyard and space to store your toys to give you a taste of the country without the maintenance of acreage. The land comes with the added bonus of three phase mains power, water and sewage ready for connection. With predominantly all the land surrounding Lake Learmonth zoned farming the opportunity to secure land to build on in this location with the beautiful lake frontage will be extremely rare and hard to find. The unique lifestyle on offer is not something that comes around every day with fishing, kayaking, walking tracks and skiing all at your doorstep with a home that can be designed around the stunning lakeside views. Located in Learmonth and within walking distance to the local caf, bowls club and Stag hotel with the township still offering that country feel and lifestyle. Situated under 15 minutes from the Lucas Shopping Centre, with easy access to the Melbourne freeway, and under 20 Minutes to the Ballarat CBD this lifestyle homesite is an opportunity not to be missed. Contact Toby Tanis 0413 842 666 to book your private viewing or for further information."
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
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
-
87.2%
-
-
-
-
-
-
-
-
Asking Price
-
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
-
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
-
Assumptions
Year 1
Year 10
Rent Received
+- PA
-
-
Property Management
+- PA
-
-
Rates
+- PA
-
-
Water
+- PA
-
-
Insurance
+- PA
-
-
Repairs & Maintenance
+- PA
-
-
Net Operating Income
-
-
Interest Repayments
-
-
Net Cashflow Before Tax
-
-
Depreciation
-
-
Tax Offset
-
-
Net Cashflow After Tax
-
-
Assumptions
Year 1
Year 10
Property Value
-
-
-
Loan Balance
I.O
-
-
-
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract review