Qualified Properties For Secondary Residence Potential

Potential Gross Return: 7.62%

Address: 13 Hobler Place, Kambah ACT 2902 Block-Size: 1068 sqm
Block: 2 Section: 119
Type: House House/Building Size: TBC
Bedrooms: 4 Bathrooms: 2
Garaging/Car Spots: 2 EER: 1.5
Unimproved Value (2022): $530,000 (2022) UV Price Ratio: 70.67%
Sales Method: $759,000 (Private Treaty) Recommend Purchase Price: 750000
Rates Residential 2022: $2,870* Land Tax Residential 2022: $4,426*
Property Link: https://www.allhomes.com.au/13-hobler-place-kambah-act-2902 Marketing Agent: Sandy Morris
Date Added: 29/12/22

Photos:

Block Details

Block Size: 1068 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 13 Hobler Place, Kambah ACT 2902 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 13 Hobler Place, Kambah ACT 2902

 

Suburb information

Median house price (2022): $896,250 Median house rent (2022): $670
Suburb highest price (2022): $1,630,000 Rental vacancy rate (2022): 0.32%
Medium household income (Census 2021): 2207% Income to rent ratio: 30%
Download Suburb Profile: Profile - December 2022

Property Purchase Recommendation Summary

Recommend Purchase Price: $750,000 Estimated Stamp Duty: $25,200
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $775,200

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-488 Approx Turnkey Build Cost inc GST: $350,000
Downloadable Brochure: Design Brochure - 488 Download Proposal: PAP - 13 Hobler Place, Kambah ACT 2902

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $650
Potential Gross Weekly Rental Income of Recommended Design: $1,000 Potential Combined Gross Weekly Income: $1,650
Potential Combined Gross Annual Income: $85,800

Financial Summary

Total Purchase and Build Investment: $1,125,200 Potential Combined Gross Rental Annual Income: $85,800
Potential Gross % Return: 8%

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