Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6%
| Address: 131 Lawrence Wackett Crescent, Theodore ACT 2905 | Block-Size: 753 sqm | ||
| Block: 12 | Section: 645 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 2 | ||
| Garaging/Car Spots: 2 | EER: 1.0 | ||
| Unimproved Value (2022): 435,000 (2024) | UV Price Ratio: 54.37% | ||
| Sales Method: Offers Above $795,000 | Recommend Purchase Price: 800000 | ||
| Rates Residential 2022: 2,658* | Land Tax Residential 2022: 4,476* | ||
| Property Link: https://www.realestate.com.au/property-house-act-theodore-148016624 | Marketing Agent: Betty Wark | ||
| Date Added: 14/05/25 |
Photos:
Block Details
| Block Size: 753 sqm | Block Type: Large Block | ||
| Zoning: RZ2: SUBURBAN CORE | Frontage Approx: | ||
| Precinct Code: 131 Lawrence Wackett Crescent, Theodore ACT 2905 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 131 Lawrence Wackett Crescent, Theodore ACT 2905 |
Suburb information
| Median house price (2022): $870,500 | Median house rent (2022): $630 | ||
| Suburb highest price (2022): $1,080,000 | Rental vacancy rate (2022): 0.21% | ||
| Medium household income (Census 2021): $2,588 | Income to rent ratio: 24% | ||
| Download Suburb Profile: Profile - May 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $800,000 | Estimated Stamp Duty: $25,150 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $825,150 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-238 | Approx Turnkey Build Cost inc GST: $234,662 | ||
| Downloadable Brochure: Design Brochure - 238 | Download Proposal: PAP - 131 Lawrence Wackett Crescent, Theodore ACT 2905 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $670 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $570 | Potential Combined Gross Weekly Income: $1,240 | ||
| Potential Combined Gross Annual Income: $64,480 |
Financial Summary
| Total Purchase and Build Investment: $271,665 | Potential Combined Gross Rental Annual Income: $64,480 | ||
| Potential Gross % Return: 6% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605