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$720K
$134,465
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
This stunning family home boasts an outstanding mix of textures and accents with polished concrete floors and high-end finishes. Featuring 4 bedrooms with built-in robes and a luxurious master suite, it is tailor-made for entertaining. The home has two separate living areas including a formal lounge and an open-plan kitchen, dining, and living zone with stone benchtops and quality appliances. A central family bathroom includes a gorgeous freestanding bath. Climate control is managed with gas central heating and split system air conditioning. The home opens to an undercover alfresco area and sits on a beautifully landscaped 606 sqm block, located on the Melbourne side of Ballarat with easy freeway access and just a 7-minute drive to the CBD.
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80%
$498K
371.1%
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Try Picki for FREE-$55,000
-$19,042
3.2%
Asking Price
$735,000
Estimated Purchase Price
$735,000
Stamp Duty
$39,170
Transfer Fee
$1,826
Conveyancing
$1,196
Deposit (10%)
$73,500
Reg. Mortgage
$129
LMI Premium
$20,958
Renovation Costs
-
Total Cash/Equity Required
$137,328
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
$43,659
$43,659
Net Cashflow Before Tax
-$27,203
-$19,627
Depreciation
-
-
Tax Offset
-$8,161
-$5,888
Net Cashflow After Tax
-$19,042
-$13,739
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$661,500
$661,500
$64,740
$651,369
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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
