Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.6%

Address: 15 Wedgwood Close, Chisholm ACT 2905 Block-Size: 756 sqm
Block: 21 Section: 584
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 1 EER: 0.0
Unimproved Value: 474,000 UV Price Ratio: 63.2%
Sales Method: $750,000+ Recommend Purchase Price: 750000
Rates Residential: $2,873* Land Tax Residential: $5,064*
Property Link: https://www.realestate.com.au/property-house-act-chisholm-148367848 Marketing Agent: Mark McCann
Date Added: 03/07/25

Photos:

Block Details

Block Size: 756 sqm Block Type: Large Block
Zoning: RZ2: SUBURBAN CORE Frontage Approx:
Precinct Code: 15 Wedgwood Close, Chisholm ACT 2905 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 15 Wedgwood Close, Chisholm ACT 2905

 

Suburb information

Median house price: 874000 Median house rent: 650
Suburb highest price: 1075000 Rental vacancy rate: 0.15
Medium household income (Census 2021): $2,292 Income to rent ratio: 3.52%
Download Suburb Profile: Profile - July 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-214 Approx Turnkey Build Cost inc GST: $219,725
Downloadable Brochure: Design Brochure - 214 Download Proposal: PAP - 15 Wedgwood Close, Chisholm ACT 2905

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $645
Potential Gross Weekly Rental Income of Recommended Design: $595 Potential Combined Gross Weekly Income: $1,240
Potential Combined Gross Annual Income: $64,480

Financial Summary

Total Purchase and Build Investment: $260,958 Potential Combined Gross Rental Annual Income: $64,480
Potential Gross % Return: 6.6%

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