Potential Gross Return: 7.03%
Address: 13 Balfour Crescent, Wanniassa ACT 2903
Block-Size: 1186 sqm
Block: 29
Section: 239
Type: House
House/Building Size: TBC
Bedrooms: 4
Bathrooms: 1
Garaging/Car Spots: 2
EER: 2.5
Unimproved Value (2022): $498,000 (2022)
UV Price Ratio: 64.26%
Sales Method: $775,000 (Private Treaty)
Recommend Purchase Price: $775,000
Rates Residential 2022: $2,679*
Land Tax Residential 2022: $4,014*
Property Link: https://zango.com.au/property/13-balfour-crescent-wanniassa-act-2903/
Marketing Agent: Mark McCann
Date Added: 14/02/2023
Block Details:
Block Size: 1186 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 13 Balfour Crescent, Wanniassa ACT 2903 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 13 Balfour Crescent, Wanniassa ACT 2903
Suburb information:
Median house price (2022): $932,500.00
Median house rent (2022): $695
Suburb highest price (2022): $1,630,000
Rental vacancy rate (2022): 0.32%
Medium household income (Census 2021): $2,295
Income to rent ratio: 30%
Download Suburb Profile: Profile - February 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $775,000
Estimated Stamp Duty: $26,675
Approx Legal And Building Report Costs: $3,000
Total Purchase Investment: $801,675
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-488
Approx Turnkey Build Cost inc GST: $400,000
Downloadable Brochure: Design Brochure - 488
Download Proposal: PAP- 13 Balfour Crescent, Wanniassa ACT 2903
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $625
Potential Gross Weekly Rental Income of Recommended Design: $1,000
Potential Combined Gross Weekly Income: $1,625
Potential Combined Gross Annual Income: $84,500
Financial Summary:
Total Purchase and Build Investment: $1,201,675.00
Potential Combined Gross Rental Annual Income: $84,500
Potential Gross % Return: 7.00%
Get Help Securing This Opportunity:
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Contact us
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6/80 Emu Bank, Belconnen ACT 2617, Australia
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info@buyersagentcanberra.com.au
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0400 446 605
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