Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.2%
Address: 203 Phillip Avenue, Hackett ACT 2602 | Block-Size: 694 sqm | ||
Block: 15 | Section: 11 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 4 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: 1.0 | ||
Unimproved Value (2022): $796,000 (2022) | UV Price Ratio: 74.05% | ||
Sales Method: Private Treaty | Recommend Purchase Price: 1075000 | ||
Rates Residential 2022: $3,935* | Land Tax Residential 2022: $6,589* | ||
Property Link: https://www.allhomes.com.au/203-phillip-avenue-hackett-act-2602 | Marketing Agent: Stephen Bunday | ||
Date Added: 22/11/24 |
Photos:
Block Details
Block Size: 694 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 203 Phillip Avenue, Hackett ACT 2602 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 203 Phillip Avenue, Hackett ACT 2602 |
Suburb information
Median house price (2022): $1,235,000 | Median house rent (2022): $767 | ||
Suburb highest price (2022): $2,340,001 | Rental vacancy rate (2022): 0.38% | ||
Medium household income (Census 2021): 2623% | Income to rent ratio: 29% | ||
Download Suburb Profile: Profile - November 2024 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $1,075,000 | Estimated Stamp Duty: $44,750 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $1,119,750 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 | Approx Turnkey Build Cost inc GST: $235,000 | ||
Downloadable Brochure: Design Brochure - 262 | Download Proposal: PAP - 203 Phillip Avenue, Hackett ACT 2602 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $850 | ||
Potential Gross Weekly Rental Income of Recommended Design: $768 | Potential Combined Gross Weekly Income: $1,618 | ||
Potential Combined Gross Annual Income: $84,110 |
Financial Summary
Total Purchase and Build Investment: $1,354,750 | Potential Combined Gross Rental Annual Income: $84,110 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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