Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.17%
Address: 12 Dickinson Street, Watson ACT 2602 | Block-Size: 882 sqm | ||
Block: 18 | Section: 24 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: 0.5 | ||
Unimproved Value (2022): $927,000 (2022) | UV Price Ratio: 88.29% | ||
Sales Method: $1,050,000 (Private Treaty) | Recommend Purchase Price: 1050000 | ||
Rates Residential 2022: $4,217* | Land Tax Residential 2022: $7,141* | ||
Property Link: https://www.allhomes.com.au/12-dickinson-street-watson-act-2602 | Marketing Agent: Brenden Blewitt | ||
Date Added: 19/04/23 |
Photos:
Block Details
Block Size: 882 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 12 Dickinson Street, Watson ACT 2602 Precinct Code Download | Heritage: NA | ||
Planning Assessment Report: PAR - 12 Dickinson Street, Watson ACT 2602 |
Suburb information
Median house price (2022): $1,037,500 | Median house rent (2022): $700 | ||
Suburb highest price (2022): $1,240,000 | Rental vacancy rate (2022): 1.03% | ||
Medium household income (Census 2021): 2414% | Income to rent ratio: 29% | ||
Download Suburb Profile: Profile - April 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $1,050,000 | Estimated Stamp Duty: $43,150 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $1,093,150 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-161 | Approx Turnkey Build Cost inc GST: $255,000 | ||
Downloadable Brochure: Design Brochure - 161 | Download Proposal: PAP - 12 Dickinson Street, Watson ACT 2602 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $800 | ||
Potential Gross Weekly Rental Income of Recommended Design: $799 | Potential Combined Gross Weekly Income: $1,600 | ||
Potential Combined Gross Annual Income: $83,200 |
Financial Summary
Total Purchase and Build Investment: $1,348,150 | Potential Combined Gross Rental Annual Income: $83,200 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605