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Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.56%

Address: 11 Pulleine Crescent, MacGregor ACT 2615 Block-Size: 1051 sqm
Block: 6 Section: 77
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 2
Garaging/Car Spots: 2 EER: 4.0
Unimproved Value: $405,000 (2022) UV Price Ratio: 51.79%
Sales Method: $782,000 (Private Treaty) Recommend Purchase Price: 782000
Rates Residential: $2,410* Land Tax Residential: $3,432*
Property Link: https://www.allhomes.com.au/11-pulleine-crescent-macgregor-act-2615 Marketing Agent: Jeremy Grobben
Date Added: 29/12/22

Photos:

Block Details

Block Size: 1051 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx: 65.13
Precinct Code: 11 Pulleine Crescent, MacGregor ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 11 Pulleine Crescent, MacGregor ACT 2615

 

Suburb information

Median house price: 810000 Median house rent: 630
Suburb highest price: 1450000 Rental vacancy rate: 0.67
Medium household income (Census 2021): $2,344 Income to rent ratio: 27%
Download Suburb Profile: Profile - December 2022

Property Purchase Recommendation Summary

Recommend Purchase Price: $782,000 Estimated Stamp Duty: $26,675
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $808,675

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 Approx Turnkey Build Cost inc GST: $320,000
Downloadable Brochure: Design Brochure - 384 Download Proposal: PAP - 11 Pulleine Crescent, MacGregor ACT 2615

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $675
Potential Gross Weekly Rental Income of Recommended Design: $750 Potential Combined Gross Weekly Income: $1,425
Potential Combined Gross Annual Income: $74,100

Financial Summary

Total Purchase and Build Investment: $1,128,675 Potential Combined Gross Rental Annual Income: $74,100
Potential Gross % Return: 7%

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