Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.8%
| Address: 217 Wheeler Crescent, Wanniassa ACT 2903 | Block-Size: 886 sqm | ||
| Block: 33 | Section: 247 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 2 | ||
| Garaging/Car Spots: 2 | EER: 3.5 | ||
| Unimproved Value (2022): 526,000 (2024) | UV Price Ratio: 61.16% | ||
| Sales Method: $860,000+ | Recommend Purchase Price: 860000 | ||
| Rates Residential 2022: $3,091* | Land Tax Residential 2022: $5,640* | ||
| Property Link: https://www.realestate.com.au/property-house-act-wanniassa-148088652 | Marketing Agent: Andrew Thorpe | ||
| Date Added: 28/05/25 |
Block Details
| Block Size: 886 sqm | Block Type: Large Block | ||
| Zoning: RZ1 : SUBURBAN | Frontage Approx: | ||
| Precinct Code: 217 Wheeler Crescent, Wanniassa ACT 2903 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 217 Wheeler Crescent, Wanniassa ACT 2903 |
Suburb information
| Median house price (2022): $851,500 | Median house rent (2022): $640 | ||
| Suburb highest price (2022): $1,600,000 | Rental vacancy rate (2022): 0.35% | ||
| Medium household income (Census 2021): 2295% | Income to rent ratio: 11% | ||
| Download Suburb Profile: Profile - May 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $860,000 | Estimated Stamp Duty: $28,690 | ||
| Approx Legal And Building Report Costs: $888,690 | Total Purchase Investment: $251,053 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-256 | Approx Turnkey Build Cost inc GST: $211,306 | ||
| Downloadable Brochure: Design Brochure - 256 | Download Proposal: PAP - 217 Wheeler Crescent, Wanniassa ACT 2903 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $680 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $580 | Potential Combined Gross Weekly Income: $1,260 | ||
| Potential Combined Gross Annual Income: $65,520 |
Financial Summary
| Total Purchase and Build Investment: $251,053 | Potential Combined Gross Rental Annual Income: $65,520 | ||
| Potential Gross % Return: 5.8% |
Get Help Securing This Opportunity
Share Opportunity: 
|
Contact Us
-
6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605