Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.47%
Address: 16 Barangaroo Street, Chisholm ACT 2905 | Block-Size: 911 sqm | ||
Block: 8 | Section: 503 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 2 | EER: 0.5 | ||
Unimproved Value (2022): $479,000 (2022) | UV Price Ratio: 62.21% | ||
Sales Method: $780,000 (Private Treaty) | Recommend Purchase Price: 770000 | ||
Rates Residential 2022: $2,884* | Land Tax Residential 2022: 5,094* | ||
Property Link: https://www.allhomes.com.au/16-barangaroo-street-chisholm-act-2905 | Marketing Agent: Sandy Morris | ||
Date Added: 11/11/24 |
Photos:
Block Details
Block Size: 911 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 16 Barangaroo Street, Chisholm ACT 2905 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 16 Barangaroo Street, Chisholm ACT 2905 |
Suburb information
Median house price (2022): $809,000 | Median house rent (2022): $650 | ||
Suburb highest price (2022): $1,220,000 | Rental vacancy rate (2022): 0.4% | ||
Medium household income (Census 2021): 2292% | Income to rent ratio: 28% | ||
Download Suburb Profile: Profile - November 2024 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $770,000 | Estimated Stamp Duty: $26,487 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $796,487 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-383 | Approx Turnkey Build Cost inc GST: $342,662 | ||
Downloadable Brochure: Design Brochure - 383 | Download Proposal: PAP - 16 Barangaroo Street, Chisholm ACT 2905 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $600 | ||
Potential Gross Weekly Rental Income of Recommended Design: $600 | Potential Combined Gross Weekly Income: $1,200 | ||
Potential Combined Gross Annual Income: $62,400 |
Financial Summary
Total Purchase and Build Investment: $1,139,150 | Potential Combined Gross Rental Annual Income: $62,400 | ||
Potential Gross % Return: 5% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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