Potential Gross Return: 6.22%

Address: 11 Dore Court, Evatt ACT 2617

Block-Size: 629 sqm

Block: 12

Section: 55

Type: House

House/Building Size: TBC

Bedrooms: 2

Bathrooms: 1

Garaging/Car Spots: 1

EER: 1.0

Unimproved Value (2022): $474,000 (2022)

UV Price Ratio: 69.2%

Sales Method: Auction (2023-05-27)

Recommend Purchase Price: $685,000

Rates Residential 2022: $2,510*

Land Tax Residential 2022: $3,647*

Property Link: https://zango.com.au/sale/11-dore-court-evatt-act-2617-79363/

Marketing Agent: Sebastian Gutierrez and Joshua Gutierrez

Date Added: 10/05/2023

Block Details:

Block Size: 629 sqm

Block Type: Large Block

Zoning: RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 11 Dore Court, Evatt ACT 2617 Precinct Code Download

Heritage: N/A

Planning Assessment Report: PAR - 11 Dore Court, Evatt ACT 2617

Suburb information:

Median house price (2022): $787,500.00

Median house rent (2022): $640

Suburb highest price (2022): $1,095,000

Rental vacancy rate (2022): 0.57%

Medium household income (Census 2021): $2,428

Income to rent ratio: 26%

Download Suburb Profile: Profile - May 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $685,000

Estimated Stamp Duty: $22,392

Approx Legal And Building Report Costs: $3,000

Total Purchase Investment: $707,392

Recommended Secondary Residence:

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-238

Approx Turnkey Build Cost inc GST: $253,655

Downloadable Brochure: Design Brochure - 238

Download Proposal: PAP- 11 Dore Court, Evatt ACT 2617

Potential Rental Income:

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $600

Potential Gross Weekly Rental Income of Recommended Design: $550

Potential Combined Gross Weekly Income: $1,150

Potential Combined Gross Annual Income: $59,800

Financial Summary:

Total Purchase and Build Investment: $961,047.00

Potential Combined Gross Rental Annual Income: $59,800

Potential Gross % Return: 6.00%

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