Potential Gross Return: 5.56%
Address: 130 Pennefather Street, Higgins ACT 2615
Block-Size: 760 sqm
Block: 26
Section: 25
Type: House
House/Building Size: TBC
Bedrooms: 4
Bathrooms: 2
Garaging/Car Spots: 1
EER: 3.0
Unimproved Value (2022): $575,000 (2022)
UV Price Ratio: 74.19%
Sales Method: Private Treaty
Recommend Purchase Price: $775,000
Rates Residential 2022: $2,903*
Land Tax Residential 2022: $4,498*
Property Link: https://www.allhomes.com.au/130-pennefather-street-higgins-act-2615
Marketing Agent: Steve Lowe
Date Added: 31/12/2022
Block Details:
Block Size: 760 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 130 Pennefather Street, Higgins ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 130 Pennefather Street, Higgins ACT 2615
Suburb Information:
Median House Price (2022): $860,000
Median House Rent (2022): $650
Suburb Highest Price (2022): $1,300,000
Rental Vacancy Rate (2022): 0.29%
Medium Household Income (Census 2021): $2,247
Income to Rent Ratio: 29%
Download Suburb Profile: Higgins Profile - December 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $775,000
Estimated Stamp Duty: $26,675
Approx Legal and Building Report Costs: $3000
Total Purchase Investment: $801,675
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-266
Approx Turnkey Build Cost inc GST: $250,000
Downloadable Brochure: Design Brouchure - 266
Download Proposal: PAP - 130 Pennefather Street, Higgins ACT 2615
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $625
Potential Gross Weekly Rental Income of Recommended Design: $500
Potential Combined Gross Weekly Income: $1,125
Potential Combined Gross Annual Income: $58,500
Financial Summary:
Total Purchase and Build Investment: $1051675
Potential Combined Gross Rental Annual Income: $58,500
Potential Gross % Return: 5.56%