$595K
$108,700
"Situated in the heart of Lucas, Immerse yourself in the serene ambiance of this charming neighbourhood, known for its friendly community and convenient amenities. This brand new build is located just moments away from local schools, parks, shopping centres, and public transport, this residence offers the perfect balance of tranquillity and accessibility. Step inside and be captivated by the seamless fusion of contemporary design and comfortable living. The spacious living, kitchen, and dining areas flow harmoniously, creating a vibrant hub for both relaxation and entertainment. The modern kitchen boasts sleek stone benches, offering the ideal setting for culinary adventures and family gatherings. Quality fittings and finishes throughout the interior showcase the meticulous attention to detail that sets this home apart. With four wellappointed bedrooms, theres ample space for the whole family. Unwind in the luxurious master suite, complete with an ensuite bathroom for your privacy and convenience. The additional bedrooms are thoughtfully designed, ensuring comfort and versatility to suit your lifestyle. An elegantly designed main bathroom is complete with a large shower, bath and vanity, Step outside to discover your own private outdoor oasis, perfect for alfresco dining, entertaining guests, or simply soaking in the fresh air. The double lockup garage ensures secure parking for your vehicles while adding to the overall functionality of the property. This outstanding brick residence showcases not only modern living at its finest but also the assurance of brandnew construction. Dont miss this rare opportunity to own a qualitybuilt home in an unbeatable location. Contact us today at Buxton Ballarat to schedule your private tour of 16 Whatman Street, Lucas. Your dream home awaits"
Below are some similar properties in the area you may be interested in.
-
70%
$680K
3.7%
-$15,000
-$13,013
4.0%
2.8%
-11.9%
6.0%
Asking Price
$595,000
Estimated Purchase Price
$590,000
Stamp Duty
$30,470
Transfer Fee
$1,486
Conveyancing
$1,196
Deposit (10%)
$59,000
Reg. Mortgage
$129
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$109,654
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
$35,046
$35,046
Net Cashflow Before Tax
-$18,590
-$11,014
Depreciation
-
-
Tax Offset
-$5,577
-$3,304
Net Cashflow After Tax
-$13,013
-$7,710
Assumptions
Year 1
Year 10
Property Value
6.8%
$614,100
$1,110,147
Loan Balance
I.O
$531,000
$531,000
$83,100
$579,147
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