$550K
$97,573
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
21 Caviar Court in Miners Rest blends modern design with family-friendly living on a spacious 703m block. This inviting home features four bedrooms with built-in robes, including a master suite with a walk-in robe and ensuite. A well-equipped kitchen, open-plan family room, and large covered alfresco area create a seamless indoor-outdoor lifestyle. Additional features include a separate lounge, a double lock-up garage with internal access, and a fully enclosed backyard. Enjoy year-round comfort with gas heating and evaporative cooling. Conveniently located near schools, supermarkets, and the Ballarat CBD, this residence offers both tranquility and accessibility.
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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
0%
85.7%
$665K
166.4%
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Try Picki for FREE$20,000
-$11,350
4.3%
Asking Price
$550,000
Estimated Purchase Price
$550,000
Stamp Duty
$28,070
Transfer Fee
$1,393
Conveyancing
$1,196
Deposit (10%)
$55,000
Reg. Mortgage
$129
LMI Premium
$12,158
Renovation Costs
-
Total Cash/Equity Required
$98,496
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
$32,670
$32,670
Net Cashflow Before Tax
-$16,214
-$8,638
Depreciation
-
-
Tax Offset
-$4,864
-$2,591
Net Cashflow After Tax
-$11,350
-$6,047
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$495,000
$495,000
$113,760
$605,493