Potential Gross Return: 7.03% 

Address: 13 Balfour Crescent, Wanniassa ACT 2903

Block-Size: 1186 sqm

Block: 29

Section: 239

Type: House

House/Building Size: TBC

Bedrooms: 4

Bathrooms: 1

Garaging/Car Spots: 2

EER: 2.5

Unimproved Value (2022): $498,000 (2022)

UV Price Ratio: 64.26%

Sales Method: $775,000 (Private Treaty)

Recommend Purchase Price: $775,000

Rates Residential 2022: $2,679* 

Land Tax Residential 2022: $4,014* 

Property Link: https://zango.com.au/sale/13-balfour-crescent-wanniassa-act-2903-73590/

Marketing Agent: Mark McCann

Date Added: 14/02/2023

  • Front View
  • Bedroom
  • Living Room With Painting
  • Kitchen
  • Room With Dining Table
  • Sitting Area With Two Sofa
  • Living Room
  • Room With Large Window
  • Window With Curtain
  • Room With Window
  • Bathroom
  • Sitting Area With Sofa
  • Back View
  • Side View
  • Green Grass With Tress
  • Right Side View
  • Garage
  • Room With Small Window
  • Footpath
  • Front View Green Grass
  • Trees Exterior View
  • Block Diagram

Block Details:

Block Size: 1186 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 13 Balfour Crescent, Wanniassa ACT 2903 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 13 Balfour Crescent, Wanniassa ACT 2903

  • Aerial View
  • Easement
  • Front View
  • Block Diagram
  • Length Of Boundaries
  • Offset
  • Roofing
  • Upper Level Setback
  • Verge Distance

Suburb Information:

Median House Price (2022): $932,500

Median House Rent (2022): $695

Suburb Highest Price (2022): $1,630,000​​

Rental Vacancy Rate (2022): 0.32%

Medium Household Income (Census 2021):  $2,295

Income to Rent Ratio:  30%

Download Suburb Profile:  Wanniassa Profile - February 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $775,000

Estimated Stamp Duty: $26,675

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $801,675

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-488

Approx Turnkey Build Cost inc GST: $400,000

Downloadable Brochure: Design Brochure - 488 

Download Proposal: PAP - 13 Balfour Crescent, Wanniassa ACT 2903

  • Snapshot Labelled View2 Design 488
  • Snapshot Labelled View1 Design 488
  • Snapshot Labelled Design 488
  • Dimension Floorplan Design 488
  • Furniture Floorplan Design 488
  • Elevations

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $625

Potential Gross Weekly Rental Income of Recommended Design: $1,000 

Potential Combined Gross Weekly Income:  $1,625 

Potential Combined Gross Annual Income: $84,500

Financial Summary:

Total Purchase and Build Investment: $1201675

Potential Combined Gross Rental Annual Income: $84,500

Potential Gross % Return: 7.03% 

Get Help Securing This Opportunity:

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