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$635K
$118,242
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
This modern family home, approximately 4 years old, is situated on a 647m2 lot in the sought-after area of Canadian. Featuring a spacious master suite with a walk-in robe and ensuite, the property boasts three additional bedrooms with built-in robes. The open-plan kitchen, dining, and living area is perfect for entertainment, highlighted by a chef's kitchen, double fridge space, and a large island bench. The home includes a formal living area, a family bathroom with premium fittings, and a deck overlooking the backyard. Central heating, evaporative cooling, and a double lock-up garage add utility. Close proximity to Ballarat Central, cafes, schools, and amenities enhance its appeal.
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77.2%
$618K
4.4%
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Try Picki for FREE-$50,000
-$16,339
3.5%
Asking Price
$670,000
Estimated Purchase Price
$670,000
Stamp Duty
$35,270
Transfer Fee
$1,674
Conveyancing
$1,196
Deposit (10%)
$67,000
Reg. Mortgage
$129
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$124,922
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
$39,798
$39,798
Net Cashflow Before Tax
-$23,342
-$15,766
Depreciation
-
-
Tax Offset
-$7,003
-$4,730
Net Cashflow After Tax
-$16,339
-$11,036
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Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$603,000
$603,000
$59,160
$594,028
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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
