Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.13%

Address: 10 Dobie Place, MacGregor ACT 2615 Block-Size: 679 sqm
Block: 12 Section: 102
Type: House House/Building Size: TBC
Bedrooms: 2 Bathrooms: 1
Garaging/Car Spots: 1 EER: 4.0
Unimproved Value (2022): $382,000 (2022) UV Price Ratio: 54.57%
Sales Method: $699,000 (Private Treaty) Recommend Purchase Price: 700000
Rates Residential 2022: $2,322* Land Tax Residential 2022: $3,229*
Property Link: https://www.allhomes.com.au/10-dobie-place-macgregor-act-2615 Marketing Agent: Amy Taylor
Date Added: 30/01/23

Photos:

Block Details

Block Size: 679 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 10 Dobie Place, MacGregor ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 10 Dobie Place, MacGregor ACT 2615

 

Suburb information

Median house price (2022): $820,000 Median house rent (2022): $630
Suburb highest price (2022): $1,450,000 Rental vacancy rate (2022): 0.34%
Medium household income (Census 2021): 2344% Income to rent ratio: 27%
Download Suburb Profile: Profile - January 2023

Property Purchase Recommendation Summary

Recommend Purchase Price: $700,000 Estimated Stamp Duty: $23,040
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $723,040

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124 Approx Turnkey Build Cost inc GST: $210,000
Downloadable Brochure: Design Brochure - 124 Download Proposal: PAP - 10 Dobie Place, MacGregor ACT 2615

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $500 Potential Combined Gross Weekly Income: $1,100
Potential Combined Gross Annual Income: $57,200

Financial Summary

Total Purchase and Build Investment: $933,040 Potential Combined Gross Rental Annual Income: $57,200
Potential Gross % Return: 6%

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