$749K
$140,190
"Situated in the everpopular and evolving suburb of Brown Hill, this stunning family home offers tranquillity, space, convenience, and the best of modern living. Perfectly positioned on a 761m allotment, this home is set in a peaceful court, providing a serene semirural setting. The master bedroom suite is generously proportioned, featuring an oversized walkin robe and a luxurious ensuite bathroom with a vanity, ample storage space, and a shower. The remaining three lightfilled bedrooms also offer generous proportions and walkin robes. The main bathroom impresses with a stylish color palette, a large shower, and a bathtub that offers the perfect place to soak and relax after a long day. Throughout the home, youll find two spacious living zones, perfect for family time and entertaining guests. Additionally, theres a separate study area, ideal for a home office setup. At the heart of the home is the executive kitchen, equipped with quality upgrades including stone benchtops, stainless steel appliances, and a generously sized walkin pantry, making cooking a breeze. The kitchen seamlessly flows into the meals and living areas, creating a cohesive and inviting space. Other quality features include a wellsized laundry, ducted gas central heating, and evaporative cooling throughout the home. LIFESTYLE LIVING ON THE EDGE Perfectly positioned with nearby walking tracks and parklands, and just a short drive to the Melbourne Freeway and the Ballarat CBD, this is a prime opportunity to secure a spacious family home in one of the fastestgrowing suburbs of Ballarat. Contact us today to book your private inspection"
Below are some similar properties in the area you may be interested in.
-
91.2%
-
-
-
-$17,730
3.6%
2.6%
-12.5%
6.0%
Asking Price
$760,000
Estimated Purchase Price
$760,000
Stamp Duty
$40,670
Transfer Fee
$1,884
Conveyancing
$1,196
Deposit (10%)
$76,000
Reg. Mortgage
$129
LMI Premium
$21,670
Renovation Costs
-
Total Cash/Equity Required
$142,099
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,816
$28,814
Interest Repayments
$45,144
$45,144
Net Cashflow Before Tax
-$25,328
-$16,330
Depreciation
-
-
Tax Offset
-$7,598
-$4,899
Net Cashflow After Tax
-$17,730
-$11,431
Assumptions
Year 1
Year 10
Property Value
6.8%
$811,680
$1,467,324
Loan Balance
I.O
$684,000
$684,000
$127,680
$783,324
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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