$1000K
$168,819
"Nestled within the soughtafter Insignia Estate, this stunning two storey residence radiates warmth and charm from the moment you step inside. Boasting an array of impressive features, this home offers a perfect blend of style and functionality. From the welcoming entryway to the spacious living areas and generous outdoor space, this property provides the ideal backdrop for a family looking for a comfortable and luxurious lifestyle. As you step inside, youll be instantly impressed by the welcoming entry that features a striking stairwell, setting the tone for the entire home. The ground floor encompasses a front formal lounge, which overlooks the wellmaintained front yard. The heart of the home is the open plan kitchen, meals and living area, providing a perfect space for family gatherings. The kitchen boasts an oversized island bench, stunning stone benchtops with waterfall ends, 900mm stainless steel appliances, dishwasher, a walkin pantry and ample cupboards for storage. For those who work from home, there is a convenient downstairs study, providing a quiet and productive workspace. On the upper level, youll find a third living space, perfect for a kids retreat or additional entertainment area. The kingsized master bedroom is a true retreat, featuring access to a balcony, a large walkin robe and luxurious ensuite with a double vanity, shower and toilet. The three remaining bedrooms on the upper level all come with built in robes, ensuring plenty of storage space. The upper level also includes a central bathroom, while a separate powder room can be found downstairs for added convenience. The home is equipped with essential amenities including ducted heating, evaporative cooling, a ducted vacuum system and a remote double lock up garage with internal access. Outside, theres an undercover alfresco entertaining area accessible from the dining and living areas. The property boasts a spacious allotment of approximately 683m2, featuring a generous sized yard with beautifully established hedges for privacy and ample space for kids, pets or even storing a caravan or shed. Set in a prime location within walking distance to the Ballarat Golf Club and in close proximity to excellent schools, public transport and just a short 10minute drive to the Ballarat CBD."
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 Days of Supply
Sold Price
Asking Price
Below are some similar properties in the area you may be interested in.
-
83.3%
$760K
3.5%
$25,000
-$21,903
3.4%
2.6%
-12.6%
6.0%
Asking Price
$1,000,000
Estimated Purchase Price
$925,000
Stamp Duty
$50,570
Transfer Fee
$2,270
Conveyancing
$1,196
Deposit (10%)
$92,500
Reg. Mortgage
$129
LMI Premium
$26,375
Renovation Costs
-
Total Cash/Equity Required
$173,590
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,656
$34,279
Interest Repayments
$54,945
$54,945
Net Cashflow Before Tax
-$31,289
-$20,666
Depreciation
-
-
Tax Offset
-$9,387
-$6,200
Net Cashflow After Tax
-$21,903
-$14,466
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$832,500
$832,500
$182,100
$1,001,655
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