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 (2022): $1,024,000 (2022)
UV Price Ratio: 120.47%
Sales Method: $850,000 (Private Treaty)
Recommend Purchase Price: $850,000
Rates Residential 2022: $4,829*
Land Tax Residential 2022: $8,337*
Property Link: https://zango.com.au/sale/17-archer-street-dickson-act-2602-78638/
Marketing Agent: Jeff Shortland
Date Added: 26/04/2023
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 (2022): $1,200,000
Median House Rent (2022): $710
Suburb Highest Price (2022): $1,200,000
Rental Vacancy Rate (2022): 0.97%
Medium Household Income (Census 2021): $2,277
Income to Rent Ratio: 31%
Download Suburb Profile: Dickson 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: $1,078,516
Potential Combined Gross Rental Annual Income: $62,400
Potential Gross % Return: 5.78%