Potential Gross Return: 5.54%

Address: 14 Jenner Court, Wanniassa ACT 290

Block-Size: 684 sqm

Block: 16

Section: 172

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 2

EER: 2.0

Unimproved Value (2022): $443,000 (2022)

UV Price Ratio: 63.29%

Sales Method: Private Treaty

Recommend Purchase Price: $70,000

Rates Residential 2022: $2,472*

Land Tax Residential 2022: $3,566*

Property Link: https://www.allhomes.com.au/14-jenner-court-wanniassa-act-2903

Marketing Agent: Sean Rogers

Date Added: 18/08/2022

Block Details:

Block Size: 684 sqm

Block Type: Large Block

Zoning: RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 14 Jenner Court, Wanniassa ACT 290 Precinct Code Download

Heritage: N/A

Planning Assessment Report: PAR - 14 Jenner Court, Wanniassa ACT 290

Suburb information:

Median house price (2022): $940,000.00

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 - August 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $700,000

Estimated Stamp Duty: $23,039

Approx Legal And Building Report Costs: $3,000

Total Purchase Investment: $723,039

Recommended Secondary Residence:

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-262

Approx Turnkey Build Cost inc GST: $237,500

Downloadable Brochure: Design Brochure - 262

Download Proposal: PAP- 14 Jenner Court, Wanniassa ACT 290

Potential Rental Income:

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $525

Potential Gross Weekly Rental Income of Recommended Design: $500

Potential Combined Gross Weekly Income: $1,025

Potential Combined Gross Annual Income: $53,300

Financial Summary:

Total Purchase and Build Investment: $960,539.00

Potential Combined Gross Rental Annual Income: $53,300

Potential Gross % Return: 6.00%

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