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Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.1%

Address: 18 Burtt Crescent, Calwell ACT 2905 Block-Size: 893 sqm
Block: 14 Section: 746
Type: House House/Building Size: TBC
Bedrooms: 4 Bathrooms: 2
Garaging/Car Spots: 2 EER: 1.5
Unimproved Value: 470,000 (2024) UV Price Ratio: 50.53%
Sales Method: $929,000+ Recommend Purchase Price: 930000
Rates Residential: 2,796* Land Tax Residential: 4,853*
Property Link: https://www.realestate.com.au/property-house-act-calwell-147900180 Marketing Agent: Lauren McDonald
Date Added: 07/05/25

Photos:

Block Details

Block Size: 893 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 18 Burtt Crescent, Calwell ACT 2905 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 18 Burtt Crescent, Calwell ACT 2905

 

Suburb information

Median house price: 787500 Median house rent: 650
Suburb highest price: 1200000 Rental vacancy rate: 0.14
Medium household income (Census 2021): $2,460 Income to rent ratio: 11%
Download Suburb Profile: Profile - May 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $930,000 Estimated Stamp Duty: $32,820
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $962,850

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 Burtt Crescent, Calwell ACT 2905

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $790
Potential Gross Weekly Rental Income of Recommended Design: $620 Potential Combined Gross Weekly Income: $1,410
Potential Combined Gross Annual Income: $73,320

Financial Summary

Total Purchase and Build Investment: $263,160 Potential Combined Gross Rental Annual Income: $73,320
Potential Gross % Return: 6.1%

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