Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.6%

Address: 1 Rouse Place, Charnwood ACT 2615 Block-Size: 707 sqm
Block: 6 Section: 44
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 2
Garaging/Car Spots: 7 EER: 1.5
Unimproved Value (2022): 380,000 (2024) UV Price Ratio: 52.41%
Sales Method: $725,000+ Recommend Purchase Price: 725000
Rates Residential 2022: 2,485* Land Tax Residential 2022: 4,003*
Property Link: https://www.allhomes.com.au/1-rouse-place-charnwood-act-2615 Marketing Agent: Lawrence Jacobsen
Date Added: 13/03/25

Photos:

Block Details

Block Size: 707 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 1 Rouse Place, Charnwood ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 1 Rouse Place, Charnwood ACT 2615

 

Suburb information

Median house price (2022): $696,250 Median house rent (2022): $550
Suburb highest price (2022): $870,000 Rental vacancy rate (2022): 0.31%
Medium household income (Census 2021): $1,818 Income to rent ratio: 30%
Download Suburb Profile: Profile - March 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $725,000 Estimated Stamp Duty: $21,120
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $746,120

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-242 Approx Turnkey Build Cost inc GST: $327,309
Downloadable Brochure: Design Brochure - 242 Download Proposal: PAP - 1 Rouse Place, Charnwood ACT 2615

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $620
Potential Gross Weekly Rental Income of Recommended Design: $520 Potential Combined Gross Weekly Income: $1,140
Potential Combined Gross Annual Income: $59,280

Financial Summary

Total Purchase and Build Investment: $372,271 Potential Combined Gross Rental Annual Income: $59,280
Potential Gross % Return: 5.6%

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