Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.1%

Address: 18 Aronson Crescent, Gilmore ACT 2905 Block-Size: 848 sqm
Block: 11 Section: 41
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 2
Garaging/Car Spots: 1 EER: 0.5
Unimproved Value: 457,000 UV Price Ratio: 58.58%
Sales Method: $780,000+ Recommend Purchase Price: 780000
Rates Residential: $2,793* Land Tax Residential: $4,846*
Property Link: https://www.realestate.com.au/property-house-act-gilmore-148499016 Marketing Agent: Patrick Kinnane
Date Added: 17/07/25

Photos:

Block Details

Block Size: 848 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 18 Aronson Crescent, Gilmore ACT 2905 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 18 Aronson Crescent, Gilmore ACT 2905

 

Suburb information

Median house price: $845,000 (2024) Median house rent: $680
Suburb highest price: $1,400,000 (2024) Rental vacancy rate: 0.68%
Medium household income (Census 2021): $2,416 Income to rent ratio: 3.5%
Download Suburb Profile: Profile - July 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $780,000 Estimated Stamp Duty: $23,970
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $803,970

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-255 Approx Turnkey Build Cost inc GST: $223,994
Downloadable Brochure: Design Brochure - 255 Download Proposal: PAP - 18 Aronson Crescent, Gilmore ACT 2905

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $680
Potential Gross Weekly Rental Income of Recommended Design: $550 Potential Combined Gross Weekly Income: $1,230
Potential Combined Gross Annual Income: $63,960

Financial Summary

Total Purchase and Build Investment: $263,160 Potential Combined Gross Rental Annual Income: $63,960
Potential Gross % Return: 6.1%

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