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$600K
$111,562
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
Located in a desirable Ballarat suburb, this family home sits prominently at the end of a court and is available for new owners before the school year starts. The residence showcases a spacious layout and fine craftsmanship on a sizable 740 square metre block. Featuring four bedrooms all with wardrobes, a modern kitchen with an adjacent meals area, and a double garage with backyard access, the property offers both convenience and privacy. Its low-maintenance, fully-fenced backyard, and quiet location close to schools, the CBD, public transport, and the Melbourne Freeway, combine for a perfect blend of serene and practical living.
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80%
$498K
371.1%
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Try Picki for FREE-$20,000
-$13,429
3.9%
Asking Price
$600,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
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
$35,640
$35,640
Net Cashflow Before Tax
-$19,184
-$11,608
Depreciation
-
-
Tax Offset
-$5,755
-$3,482
Net Cashflow After Tax
-$13,429
-$8,126
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Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$540,000
$540,000
$79,440
$579,800
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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
