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Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.8%

Address: 22 Loureiro Street, Conder ACT 2906 Block-Size: 858 sqm
Block: 31 Section: 289
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 2
Garaging/Car Spots: 2 EER: N/A
Unimproved Value: 485,000 UV Price Ratio: 57.05%
Sales Method: $850,000+ Recommend Purchase Price: 850000
Rates Residential: $2,850* Land Tax Residential: $5,002*
Property Link: https://www.realestate.com.au/property-house-act-conder-148481808 Marketing Agent: Daryl Gough
Date Added: 11/07/25

Photos:

Block Details

Block Size: 858 sqm Block Type: Large
Zoning: RZ2: SUBURBAN CORE Frontage Approx:
Precinct Code: 22 Loureiro Street, Conder ACT 2906 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 22 Loureiro Street, Conder ACT 2906

 

Suburb information

Median house price: 935000 Median house rent: 660
Suburb highest price: 1720000 Rental vacancy rate: 0.11
Medium household income (Census 2021): $2,574 Income to rent ratio: 3.9%
Download Suburb Profile: Profile - July 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $850,000 Estimated Stamp Duty: $28,100
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $878,100

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-221 Approx Turnkey Build Cost inc GST: $231,830
Downloadable Brochure: Design Brochure - 221 Download Proposal: PAP - 22 Loureiro Street, Conder ACT 2906

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $675
Potential Gross Weekly Rental Income of Recommended Design: $585 Potential Combined Gross Weekly Income: $1,260
Potential Combined Gross Annual Income: $65,520

Financial Summary

Total Purchase and Build Investment: $271,548 Potential Combined Gross Rental Annual Income: $65,520
Potential Gross % Return: 5.8%

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