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: $770,000

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: 11/11/2024

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): 0.40%

Medium Household Income (Census 2021):  $2,292

Income to Rent Ratio:  28%

Download Suburb Profile:  Chisholm 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: $1139149.39

Potential Combined Gross Rental Annual Income: $62,400

Potential Gross % Return: 5.47% 

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