Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.34%
Address: 24 Edlington Street, Fraser ACT 2615 | Block-Size: 800 sqm | ||
Block: 14 | Section: 59 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 2 | ||
Garaging/Car Spots: 2 | EER: 1.5 | ||
Unimproved Value (2022): $463,000 (2022) | UV Price Ratio: 58.24% | ||
Sales Method: $795,000 (Private Treaty) | Recommend Purchase Price: 795000 | ||
Rates Residential 2022: $2,517* | Land Tax Residential 2022: $3,662* | ||
Property Link: https://www.allhomes.com.au/24-edlington-street-fraser-act-2615 | Marketing Agent: Vic Srbinovski | ||
Date Added: 14/06/23 |
Photos:
Block Details
Block Size: 800 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 24 Edlington Street, Fraser ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 24 Edlington Street, Fraser ACT 2615 |
Suburb information
Median house price (2022): $880,000 | Median house rent (2022): $670 | ||
Suburb highest price (2022): $935,000 | Rental vacancy rate (2022): 0.51% | ||
Medium household income (Census 2021): 2618% | Income to rent ratio: 26% | ||
Download Suburb Profile: Profile - June 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $795,000 | Estimated Stamp Duty: $27,855 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $822,855 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 | Approx Turnkey Build Cost inc GST: $345,681 | ||
Downloadable Brochure: Design Brochure - 384 | Download Proposal: PAP - 24 Edlington Street, Fraser ACT 2615 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $675 | ||
Potential Gross Weekly Rental Income of Recommended Design: $750 | Potential Combined Gross Weekly Income: $1,425 | ||
Potential Combined Gross Annual Income: $74,100 |
Financial Summary
Total Purchase and Build Investment: $1,168,540 | Potential Combined Gross Rental Annual Income: $74,100 | ||
Potential Gross % Return: 6% |
Contact Us
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2617, Australia - [email protected]
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