Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.7%
Address: 2 Hopwood Place, Kambah ACT 2902 | Block-Size: 704 sqm | ||
Block: 5 | Section: 228 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 2 | EER: | ||
Unimproved Value (2022): $541,000 (2022) | UV Price Ratio: 76.2% | ||
Sales Method: Private Treaty | Recommend Purchase Price: 710000 | ||
Rates Residential 2022: $2,914* | Land Tax Residential 2022: $4,522* | ||
Property Link: https://www.allhomes.com.au/2-hopwood-place-kambah-act-2902 | Marketing Agent: Mark Larmer and Aaron Lewis | ||
Date Added: 02/01/23 |
Photos:
Block Details
Block Size: 704 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: 52.51 | ||
Precinct Code: 2 Hopwood Place, Kambah ACT 2902 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 2 Hopwood Place, Kambah ACT 2902 |
Suburb information
Median house price (2022): $896,250 | Median house rent (2022): $685 | ||
Suburb highest price (2022): $1,630,000 | Rental vacancy rate (2022): 0.32% | ||
Medium household income (Census 2021): 2207% | Income to rent ratio: 31% | ||
Download Suburb Profile: Profile - January 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $710,000 | Estimated Stamp Duty: $23,472 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $733,472 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124 | Approx Turnkey Build Cost inc GST: $200,000 | ||
Downloadable Brochure: Design Brochure - 124 | Download Proposal: PAP - 2 Hopwood Place, Kambah ACT 2902 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $550 | ||
Potential Gross Weekly Rental Income of Recommended Design: $475 | Potential Combined Gross Weekly Income: $1,025 | ||
Potential Combined Gross Annual Income: $53,300 |
Financial Summary
Total Purchase and Build Investment: $933,472 | Potential Combined Gross Rental Annual Income: $53,300 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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