Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.2%
| Address: 10 Brownless Street, MacGregor ACT 2615 | Block-Size: 724 sqm | ||
| Block: 5 | Section: 62 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 1 | ||
| Garaging/Car Spots: 2 | EER: 1.0 | ||
| Unimproved Value (2022): 439,000 (2024) | UV Price Ratio: 62.71% | ||
| Sales Method: $700,000 | Recommend Purchase Price: 700000 | ||
| Rates Residential 2022: 2,691* | Land Tax Residential 2022: 4,566* | ||
| Property Link: https://www.realestate.com.au/property-house-act-macgregor-147512580 | Marketing Agent: Sam Dyne | ||
| Date Added: 19/03/25 |
Photos:
Block Details
| Block Size: 724 sqm | Block Type: Large Block | ||
| Zoning: RZ2: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 10 Brownless Street, MacGregor ACT 2615 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 10 Brownless Street, MacGregor ACT 2615 |
Suburb information
| Median house price (2022): $826,000 | Median house rent (2022): $620 | ||
| Suburb highest price (2022): $835,000 | Rental vacancy rate (2022): 0.63% | ||
| Medium household income (Census 2021): $2,344 | Income to rent ratio: 26% | ||
| Download Suburb Profile: Profile - March 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $700,000 | Estimated Stamp Duty: $20,040 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $720,040 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-221 | Approx Turnkey Build Cost inc GST: $231,830 | ||
| Downloadable Brochure: Design Brochure - 221 | Download Proposal: PAP - 10 Brownless Street, MacGregor ACT 2615 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $625 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,125 | ||
| Potential Combined Gross Annual Income: $58,500 |
Financial Summary
| Total Purchase and Build Investment: $271,548 | Potential Combined Gross Rental Annual Income: $58,500 | ||
| Potential Gross % Return: 6.2% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605