Qualified Properties For Secondary Residence Potential
Potential Gross Return: 4.72%
Address: 10 Vidal Place, Richardson ACT 2905 | Block-Size: 926 sqm | ||
Block: 18 | Section: 475 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: | EER: 5.0 | ||
Unimproved Value (2022): $460,000 (2022) | UV Price Ratio: 54.12% | ||
Sales Method: Private Treaty | Recommend Purchase Price: 850000 | ||
Rates Residential 2022: $2,589* | Land Tax Residential 2022: $3,819* | ||
Property Link: https://www.allhomes.com.au/10-vidal-place-richardson-act-2905 | Marketing Agent: Zac Morris | ||
Date Added: 12/09/22 |
Photos:
Block Details
Block Size: 926 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 10 Vidal Place, Richardson ACT 2905 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 10 Vidal Place, Richardson ACT 2905 |
Suburb information
Median house price (2022): $827,500 | Median house rent (2022): $620 | ||
Suburb highest price (2022): $1,150,000 | Rental vacancy rate (2022): 0.25% | ||
Medium household income (Census 2021): 2043% | Income to rent ratio: 30% | ||
Download Suburb Profile: Profile - September 2022 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $850,000 | Estimated Stamp Duty: $31,100 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $881,100 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-152 | Approx Turnkey Build Cost inc GST: $220,000 | ||
Downloadable Brochure: Design Brochure - 152 | Download Proposal: PAP - 10 Vidal Place, Richardson ACT 2905 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $550 | ||
Potential Gross Weekly Rental Income of Recommended Design: $450 | Potential Combined Gross Weekly Income: $1,000 | ||
Potential Combined Gross Annual Income: $52,000 |
Financial Summary
Total Purchase and Build Investment: $1,101,100 | Potential Combined Gross Rental Annual Income: $52,000 | ||
Potential Gross % Return: 5% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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