Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6%
| Address: 1 Sargeant Place, Wanniassa ACT 2903 | Block-Size: 1016 sqm | ||
| Block: 27 | Section: 252 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 4 | Bathrooms: 1 | ||
| Garaging/Car Spots: 3 | EER: | ||
| Unimproved Value (2022): 566,000 (2023) | UV Price Ratio: 65.81% | ||
| Sales Method: $860,000 | Recommend Purchase Price: 860000 | ||
| Rates Residential 2022: 3,116* | Land Tax Residential 2022: 5,279* | ||
| Property Link: https://www.realestate.com.au/property-house-act-wanniassa-147748056 | Marketing Agent: Mark McCann | ||
| Date Added: 30/04/25 |
Photos:
Block Details
| Block Size: 1016 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 1 Sargeant Place, Wanniassa ACT 2903 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 1 Sargeant Place, Wanniassa ACT 2903 |
Suburb information
| Median house price (2022): $873,000 | Median house rent (2022): $640 | ||
| Suburb highest price (2022): $1,050,000 | Rental vacancy rate (2022): 0.38% | ||
| Medium household income (Census 2021): $2,295 | Income to rent ratio: 28% | ||
| Download Suburb Profile: Profile - April 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $860,000 | Estimated Stamp Duty: $28,690 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $888,690 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-255 | Approx Turnkey Build Cost inc GST: $223,994 | ||
| Downloadable Brochure: Design Brochure - 255 | Download Proposal: PAP - 1 Sargeant Place, Wanniassa ACT 2903 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $695 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $620 | Potential Combined Gross Weekly Income: $1,315 | ||
| Potential Combined Gross Annual Income: $68,380 |
Financial Summary
| Total Purchase and Build Investment: $263,160 | Potential Combined Gross Rental Annual Income: $68,380 | ||
| Potential Gross % Return: 6% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605