Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.85%
Address: 17 Feint Street, Conder ACT 2906 | Block-Size: 643 sqm | ||
Block: 17 | Section: 221 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: 1.0 | ||
Unimproved Value (2022): $421,000 (2022) | UV Price Ratio: 61.91% | ||
Sales Method: Private Treaty | Recommend Purchase Price: 680000 | ||
Rates Residential 2022: $2,344* | Land Tax Residential 2022: $3,287* | ||
Property Link: https://www.allhomes.com.au/14-jenner-court-wanniassa-act-2903 | Marketing Agent: Paul Corazza and Ray Moon | ||
Date Added: 20/08/22 |
Photos:
Block Details
Block Size: 643 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 17 Feint Street, Conder ACT 2906 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 17 Feint Street, Conder ACT 2906 |
Suburb information
Median house price (2022): $701,000 | Median house rent (2022): $550 | ||
Suburb highest price (2022): $865,000 | Rental vacancy rate (2022): 0.16% | ||
Medium household income (Census 2021): 2574% | Income to rent ratio: 21% | ||
Download Suburb Profile: Profile - August 2022 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $680,000 | Estimated Stamp Duty: $22,176 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $702,176 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 | Approx Turnkey Build Cost inc GST: $320,000 | ||
Downloadable Brochure: Design Brochure - 384 | Download Proposal: PAP - 17 Feint Street, Conder ACT 2906 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $500 | ||
Potential Gross Weekly Rental Income of Recommended Design: $650 | Potential Combined Gross Weekly Income: $1,150 | ||
Potential Combined Gross Annual Income: $59,800 |
Financial Summary
Total Purchase and Build Investment: $1,022,180 | Potential Combined Gross Rental Annual Income: $59,800 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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