More Information
Indicative Gross Return:
~6.00%–6.25%
Region: Higgins ACT 2615
Block-Size: ~680–780 sqm
Block: 11
Section: 36
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 0.5
Unimproved Value (2022):$575,000 (2022)
UV Price Ratio:89.98
Sales Method:Private Treaty
Recommend Purchase Price: $639,000
Rates Residential 2022: $2,903*
Land Tax Residential 2022: $4,498*
Property Link: https://www.allhomes.com.au/22-pennefather-street-higgins-act-2615
Marketing Agent: Ben and Tracey Oostermeyer
Date Added: 2026-05-04
Property Images
Block Details
Block Size: ~680–780 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Precinct Code: Precinct Map Higgins Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 22 Pennefather Street, Higgins ACT 2615, Higgins ACT 2615
Suburb Information
Median House Price (2022): $865000
Median House Rent (2022): $650
Suburb Highest Price (2022): $1300000
Rental Vacancy Rate (2022): 0.72
Medium Household Income (Census 2021): $2,248
Income to Rent Ratio: 29%
Download Suburb Profile: suburb_flyover_1777886857658
Property Purchase Recommendation Summary
Recommend Purchase Price: $639,000.00
Estimated Stamp Duty:$20,405.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $859,405.00
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124
Approx Turnkey Build Cost inc GST: $200,000.00
Downloadable Brochure: design-brochure-mini-124-120121-wfnlevmlndoa
Download Proposal:Frank Walmsley - 22 Pennefather Street Higgins, ACT 2615 - Planning Assessment Proposal - Design 124
Potential Rental Income
Potential Gross Weekly Rental Income of Existing Property: $550.00
Potential Gross Weekly Rental Income of Recommended Design: $475.00
Potential Combined Gross Weekly Income: $1,025.00
Potential Combined Gross Annual Income: $53,300.00
Financial Summary
Total Purchase and Build Investment: $859,405.00
Potential Combined Gross Rental Annual Income:$53,300.00
Potential Gross % Return: ~6.00%–6.25%

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