Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.2%

Address: 3 Holtermann Place, Charnwood ACT 2615 Block-Size: 592 sqm
Block: 2 Section: 57
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: EER: 1
Unimproved Value: $405,000 UV Price Ratio: 62.4%
Sales Method: Offers Over $649,000 Recommend Purchase Price: 649000
Rates Residential: $2,587* Land Tax Residential: $4,280*
Property Link: https://www.realestate.com.au/property-house-act-charnwood-148361036 Marketing Agent: Tahlia Scott-Miller and Jonny Warren
Date Added: 03/07/25

Photos:

Block Details

Block Size: 592 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 3 Holtermann Place, Charnwood ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 3 Holtermann Place, Charnwood ACT 2615

 

Suburb information

Median house price: 874000 Median house rent: 650
Suburb highest price: 1075000 Rental vacancy rate: 0.31
Medium household income (Census 2021): $1,818 Income to rent ratio: 2.7969230769231%
Download Suburb Profile: Profile - July 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $649,000 Estimated Stamp Duty: $17,837
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $666,837

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-267 Approx Turnkey Build Cost inc GST: $218,503
Downloadable Brochure: Design Brochure - 267 Download Proposal: PAP - 3 Holtermann Place, Charnwood ACT 2615

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $590
Potential Gross Weekly Rental Income of Recommended Design: $500 Potential Combined Gross Weekly Income: $1,090
Potential Combined Gross Annual Income: $56,680

Financial Summary

Total Purchase and Build Investment: $257,487 Potential Combined Gross Rental Annual Income: $56,680
Potential Gross % Return: 6.2%

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