Indicative Gross Return:
~6.50%–6.75%
Region: Higgins ACT 2615
Block-Size: ~620–720 sqm
Block: 18
Section: 28
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 3.5
Unimproved Value (2022):$531,000 (2022)
UV Price Ratio:75.86
Sales Method:Auction
Recommend Purchase Price: $700,000
Rates Residential 2022: $17,480*
Land Tax Residential 2022: $4,095*
Marketing Agent: Fleur Scheele
Date Added: 2026-05-04
Property Images
Block Details
Block Size: ~620–720 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Precinct Code: Precinct Map Higgins Precinct Code Download
Heritage: N/A
Suburb Information
Median House Price (2022): $775000
Median House Rent (2022): $620
Suburb Highest Price (2022): $900000
Rental Vacancy Rate (2022): 0.65
Medium Household Income (Census 2021): $2,248
Income to Rent Ratio: 28%
Property Purchase Recommendation Summary
Recommend Purchase Price: $700,000.00
Estimated Stamp Duty:$23,040.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $1,042,986.00
Recommended Secondary Residence
Potential Rental Income
Potential Gross Weekly Rental Income of Existing Property: $600.00
Potential Gross Weekly Rental Income of Recommended Design: $750.00
Potential Combined Gross Weekly Income: $1,350.00
Potential Combined Gross Annual Income: $70,200.00
Financial Summary
Total Purchase and Build Investment: $1,042,986.00
Potential Combined Gross Rental Annual Income:$70,200.00
Potential Gross % Return: ~6.50%–6.75%

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