Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.2%

Address: 11 Attunga Street, Ngunnawal ACT 2913 Block-Size: 655 sqm
Block: 5 Section: 52
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: EER: 3.5
Unimproved Value (2022): 447,000 (2024) UV Price Ratio: 62.95%
Sales Method: Auction 15/03/25 Recommend Purchase Price: 710000
Rates Residential 2022: 2,725* Land Tax Residential 2022: 4,660*
Property Link: https://www.allhomes.com.au/11-attunga-street-ngunnawal-act-2913 Marketing Agent: Jeremy Grobben
Date Added: 01/03/25

Photos:

Block Details

Block Size: 655 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 11 Attunga Street, Ngunnawal ACT 2913 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 11 Attunga Street, Ngunnawal ACT 2913

 

Suburb information

Median house price (2022): $670,000 Median house rent (2022): $600
Suburb highest price (2022): $670,000 Rental vacancy rate (2022): 0.74%
Medium household income (Census 2021): $2,219 Income to rent ratio: 27%
Download Suburb Profile: Profile - March 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $710,000 Estimated Stamp Duty: $20,472
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $730,472

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-383 Approx Turnkey Build Cost inc GST: $298,127
Downloadable Brochure: Design Brochure - 383 Download Proposal: PAP - 11 Attunga Street, Ngunnawal ACT 2913

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $610
Potential Gross Weekly Rental Income of Recommended Design: $735 Potential Combined Gross Weekly Income: $1,345
Potential Combined Gross Annual Income: $69,940

Financial Summary

Total Purchase and Build Investment: $342,662 Potential Combined Gross Rental Annual Income: $69,940
Potential Gross % Return: 6.2%

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