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: 526,000 (2024) | UV Price Ratio: 61.16% |
| Sales Method: $860,000+ | Recommend Purchase Price: 860000 |
| Rates Residential: $3,091* | Land Tax Residential: $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: 851500 | Median house rent: 640 |
| Suburb highest price: 1600000 | Rental vacancy rate: 0.35 |
| Medium household income (Census 2021): $2,295 | 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% |
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Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605