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: $795,000

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: 14/06/2023

  • Front View
  • Outside Area With Chairs
  • Outside Area with Garden
  • Outside Garden Area
  • Room With Window
  • Room With Curtain
  • Kitchen Area With Cooktop
  • Room With Fan
  • Washroom Area With Mirror
  • Bed Room With Light
  • Bed Room 2 With Window
  • Bath Room With Bathtub
  • Floorplan
  • Furniture Floorplan

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

  • Aerial View
  • Easement
  • Front Access
  • Length Of Boundaries
  • Offset
  • Floorplan
  • Roofing Envelope
  • Upper Level Setback
  • Verge Distance
  • Block Diagram

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):  $2,618

Income to Rent Ratio:  26%

Download Suburb Profile:  Fraser 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

  • Front View
  • Floorplan
  • Furniture Floorplan
  • Elevations

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: $1,168,536

Potential Combined Gross Rental Annual Income: $74,100

Potential Gross % Return: 6.34% 

Get Help Securing This Opportunity:

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