Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.4%
Address: 24 Clifford Crescent, Melba ACT 2615 | Block-Size: 877 sqm | ||
Block: 24 | Section: 21 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: | EER: 1.0 | ||
Unimproved Value (2022): $544,000 (2022) | UV Price Ratio: 78.84% | ||
Sales Method: $690,000 (Private Treaty) | Recommend Purchase Price: 690000 | ||
Rates Residential 2022: $2,792* | Land Tax Residential 2022: $4,258* | ||
Property Link: https://zango.com.au/sale/24-clifford-crescent-melba-act-2615-70889/ | Marketing Agent: Maree Van Arkel and Megan Van Arkel | ||
Date Added: 12/01/23 |
Photos:
Block Details
Block Size: 877 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 24 Clifford Crescent, Melba ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 24 Clifford Crescent, Melba ACT 2615 |
Suburb information
Median house price (2022): $1,005,000 | Median house rent (2022): $710 | ||
Suburb highest price (2022): $1,270,000 | Rental vacancy rate (2022): 0.47% | ||
Medium household income (Census 2021): 2326% | Income to rent ratio: 31% | ||
Download Suburb Profile: Profile - January 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $690,000 | Estimated Stamp Duty: $22,608 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $712,608 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-256 | Approx Turnkey Build Cost inc GST: $250,000 | ||
Downloadable Brochure: Design Brochure - 256 | Download Proposal: |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $500 | ||
Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,000 | ||
Potential Combined Gross Annual Income: $52,000 |
Financial Summary
Total Purchase and Build Investment: $962,608 | Potential Combined Gross Rental Annual Income: $52,000 | ||
Potential Gross % Return: 5% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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