More Information
Indicative Gross Return:
~5.00%–5.25%
Region: Narrabundah ACT 2604
Block-Size: ~900–1000 sqm
Block: 2
Section: 2
Type: House
House/Building Size: TBC
Bedrooms: 2
Bathrooms: 1
Garaging/Car Spots: 1
Unimproved Value (2022):$890,000 (2022)
UV Price Ratio:93.68
Sales Method:Auction
Recommend Purchase Price: $950,000
Rates Residential 2022: $3,984*
Land Tax Residential 2022: $6,683*
Property Link: https://www.allhomes.com.au/2-nyrang-street-narrabundah-act-2604
Marketing Agent: David Stokes
Date Added: 2026-05-05
Property Images
Block Details
Block Size: ~900–1000 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Precinct Code: Precinct Map Narrabundah Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 2 Nyrang Street, Narrabundah ACT 2604, Narrabundah ACT 2604
Suburb Information
Median House Price (2022): $3625000
Median House Rent (2022): $700
Suburb Highest Price (2022): $3625000
Rental Vacancy Rate (2022): 1.3
Medium Household Income (Census 2021): $2,352
Income to Rent Ratio: 30%
Download Suburb Profile: print_suburb_flyover_detailed_1677649518068
Property Purchase Recommendation Summary
Recommend Purchase Price: $950,000.00
Estimated Stamp Duty:$37,000.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $1,207,000.00
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-144
Approx Turnkey Build Cost inc GST: $220,000.00
Downloadable Brochure: design-brochure-mini-144-151122-wfkcpwppffec
Download Proposal:Frank Walmsley - 2 Nyrang Street, Narrabundah ACT 2604 - Planning Assessment Proposal
Potential Rental Income
Potential Gross Weekly Rental Income of Existing Property: $600.00
Potential Gross Weekly Rental Income of Recommended Design: $600.00
Potential Combined Gross Weekly Income: $1,200.00
Potential Combined Gross Annual Income: $62,400.00
Financial Summary
Total Purchase and Build Investment: $1,207,000.00
Potential Combined Gross Rental Annual Income:$62,400.00
Potential Gross % Return: ~5.00%–5.25%

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