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$1.85M
$307,281
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
This luxurious four-bedroom home in Ballarat offers stunning lake views and a meticulously landscaped garden. Located in a historic development on the former Bishops Place grounds, the home boasts a state-of-the-art kitchen, three generous living areas, and a master suite alongside three additional bedrooms. Features include new carpeting, a sizable study, internal garage access, and proximity to top schools and public transport. NBN is connected, ensuring modern comforts and conveniences. This property embodies elegance, convenience, and family living at its finest.
Trusted by over 13k property buyers and counting...
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85.3%
$865K
131.7%
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Try Picki for FREE-$15,000
-$51,790
2.2%
Asking Price
$1,850,000
Estimated Purchase Price
$1,765,000
Stamp Duty
$97,075
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$176,500
Reg. Mortgage
$129
LMI Premium
$55,228
Renovation Costs
-
Total Cash/Equity Required
$334,293
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$30,855
$44,526
Interest Repayments
$104,841
$104,841
Net Cashflow Before Tax
-$73,986
-$60,315
Depreciation
-
-
Tax Offset
-$22,196
-$18,095
Net Cashflow After Tax
-$51,790
-$42,221
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,588,500
$1,588,500
$280,500
$1,790,207
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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...
Try Picki for FREEAverage Population
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
