Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.2%
| Address: 108 Knoke Avenue, Gordon ACT 2906 | Block-Size: 838 sqm | ||
| Block: 4 | Section: 508 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 1 | ||
| Garaging/Car Spots: 1 | EER: 1.0 | ||
| Unimproved Value: 495,000 (2024) | UV Price Ratio: 66.89% | ||
| Sales Method: $ 735,000+ | Recommend Purchase Price: 740000 | ||
| Rates Residential: 2,925* | Land Tax Residential: 5,206* | ||
| Property Link: https://www.allhomes.com.au/108-knoke-avenue-gordon-act-2906 | Marketing Agent: Ankit Karwar | ||
| Date Added: 09/04/25 |
Photos:
Block Details
| Block Size: 838 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 108 Knoke Avenue, Gordon ACT 2906 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 108 Knoke Avenue, Gordon ACT 2906 |
Suburb information
| Median house price: 860000 | Median house rent: 620 | ||
| Suburb highest price: 960000 | Rental vacancy rate: 0.43 | ||
| Medium household income (Census 2021): $2,321 | Income to rent ratio: 27% | ||
| Download Suburb Profile: Profile - April 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $740,000 | Estimated Stamp Duty: $21,768 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $761,768 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-227 | Approx Turnkey Build Cost inc GST: $262,623 | ||
| Downloadable Brochure: Design Brochure - 227 | Download Proposal: PAP - 108 Knoke Avenue, Gordon ACT 2906 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $560 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $650 | Potential Combined Gross Weekly Income: $1,210 | ||
| Potential Combined Gross Annual Income: $62,920 |
Financial Summary
| Total Purchase and Build Investment: $306,756 | Potential Combined Gross Rental Annual Income: $62,920 | ||
| Potential Gross % Return: 6.2% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605