Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.78%
| Address: 17 Archer Street, Dickson ACT 2602 | Block-Size: 716 sqm | ||
| Block: 15 | Section: 15 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 1 | ||
| Garaging/Car Spots: 1 | EER: 2.0 | ||
| Unimproved Value: $1,024,000 (2022) | UV Price Ratio: 120.47% | ||
| Sales Method: $850,000 (Private Treaty) | Recommend Purchase Price: 850000 | ||
| Rates Residential: $4,829* | Land Tax Residential: $8,337* | ||
| Property Link: https://zango.com.au/sale/17-archer-street-dickson-act-2602-78638/ | Marketing Agent: Jeff Shortland | ||
| Date Added: 26/04/23 |
Photos:
Block Details
| Block Size: 716 sqm | Block Type: Large Block | ||
| Zoning: RZ2: SUBURBAN CORE | Frontage Approx: | ||
| Precinct Code: 17 Archer Street, Dickson ACT 2602 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 17 Archer Street, Dickson ACT 2602 |
Suburb information
| Median house price: 1200000 | Median house rent: 710 | ||
| Suburb highest price: 1200000 | Rental vacancy rate: 0.97 | ||
| Medium household income (Census 2021): $2,277 | Income to rent ratio: 31% | ||
| Download Suburb Profile: Profile - April 2023 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $850,000 | Estimated Stamp Duty: $31,100 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $881,100 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-142 | Approx Turnkey Build Cost inc GST: $197,416 | ||
| Downloadable Brochure: Design Brochure - 142 | Download Proposal: PAP - 17 Archer Street, Dickson ACT 2602 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $700 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,200 | ||
| Potential Combined Gross Annual Income: $62,400 |
Financial Summary
| Total Purchase and Build Investment: $1,078,520 | Potential Combined Gross Rental Annual Income: $62,400 | ||
| Potential Gross % Return: 6% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605