Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.9%

Address: 13 Derrilin Place, Giralang ACT 2617 Block-Size: 791 sqm
Block: 1 Section: 58
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: EER: 0.0
Unimproved Value (2022): 570,000 UV Price Ratio: 76%
Sales Method: $750,000+ Recommend Purchase Price: 750000
Rates Residential 2022: $3,314 Land Tax Residential 2022: $6,198
Property Link: https://www.realestate.com.au/property-house-act-giralang-148146972 Marketing Agent: Linda Lockwood
Date Added: 05/06/25

Photos:

Block Details

Block Size: 791 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 13 Derrilin Place, Giralang ACT 2617 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 13 Derrilin Place, Giralang ACT 2617

 

Suburb information

Median house price (2022): $885,000 Median house rent (2022): $670
Suburb highest price (2022): $2,155,000 Rental vacancy rate (2022): 0.8%
Medium household income (Census 2021): $2,447 Income to rent ratio: 3.65%
Download Suburb Profile: Profile - June 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $750,000 Estimated Stamp Duty: $22,200
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $772,200

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-272 Approx Turnkey Build Cost inc GST: $223,957
Downloadable Brochure: Design Brochure - 272 Download Proposal: PAP - 13 Derrilin Place, Giralang ACT 2617

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $625
Potential Gross Weekly Rental Income of Recommended Design: $540 Potential Combined Gross Weekly Income: $1,165
Potential Combined Gross Annual Income: $60,580

Financial Summary

Total Purchase and Build Investment: $260,866 Potential Combined Gross Rental Annual Income: $60,580
Potential Gross % Return: 5.9%

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