$700K
$130,648
"Welcome to 4 Ambience Place, a magnificent family home situated in the soughtafter suburb of Brown Hill, VIC. Boasting a prime elevated position on the Melbourne side of town, this property offers breathtaking views and a lifestyle of absolute luxury. Step inside and be captivated by the spaciousness and style this home has to offer. With four generous bedrooms and two modern bathrooms, there is ample space for the whole family. The openplan living and dining area are perfect for entertaining, while the wellappointed kitchen is a chefs dream with its sleek design and quality appliances. After a long day, retreat to the master bedroom which features a walkin robe and ensuite, creating a private sanctuary for you to unwind and relax. The remaining bedrooms are all generously sized and feature builtin robes, ensuring everyone has their own space to retreat to. Dont miss this incredible opportunity to secure your dream home in Brown Hill. Perfect positioned for easy access to Melbourne for work or play or into Ballarat City for any needs you may have."
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
-
84.7%
-
-
-$70,000
-$17,251
3.4%
2.4%
-13.2%
6.0%
Asking Price
$700,000
Estimated Purchase Price
$700,000
Stamp Duty
$37,070
Transfer Fee
$1,744
Conveyancing
$1,196
Deposit (10%)
$70,000
Reg. Mortgage
$129
LMI Premium
$19,960
Renovation Costs
-
Total Cash/Equity Required
$130,648
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,920
$34,046
Property Management
+7.7% PA
$1,842
$2,622
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
$16,936
$24,715
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$24,644
-$16,865
Depreciation
-
-
Tax Offset
-$7,393
-$5,060
Net Cashflow After Tax
-$17,251
-$11,806
Assumptions
Year 1
Year 10
Property Value
6.8%
$672,840
$1,216,335
Loan Balance
I.O
$630,000
$630,000
$42,840
$586,335
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