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$520K
$92,962
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Try Picki for FREEConfidence
High
High
$510,000
Medium
$480,000
Low
$450,000
Confidence
Medium
Situated in a vibrant Canadian community, this modern family home boasts accessibility and convenience, nestled on a spacious 451m² plot. Just a short distance from Ballarat CBD, it offers proximity to essential shops, cafes, schools, and scenic walking trails. The residence, with its elegant brick veneer and weatherboard exterior, includes four well-designed bedrooms, a master suite with ensuite and walk-in robe, and a family-friendly bathroom setup. A cohesive open plan living space with a designated study nook, complemented by a modern kitchen, enhances its appeal. Year-round comfort is assured with central heating and air conditioning. Outdoors, a manicured garden and lawn provide space for children's play, making it perfect for family living.
Trusted by over 13k property buyers and counting...
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76.4%
$570K
4.3%
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Try Picki for FREE-$40,000
-$11,110
4.2%
Asking Price
$520,000
Estimated Purchase Price
$520,000
Stamp Duty
$26,270
Transfer Fee
$1,323
Conveyancing
$1,196
Deposit (10%)
$52,000
Reg. Mortgage
$129
LMI Premium
$11,495
Renovation Costs
-
Total Cash/Equity Required
$92,962
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,016
$21,982
Interest Repayments
$30,888
$30,888
Net Cashflow Before Tax
-$15,872
-$8,906
Depreciation
-
-
Tax Offset
-$4,762
-$2,672
Net Cashflow After Tax
-$11,110
-$6,234
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$468,000
$468,000
$44,640
$458,731
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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
