Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.2%

Address: 3 Yabsley Place, Charnwood ACT 2615 Block-Size: 567 sqm
Block: 10 Section: 56
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 2 EER:
Unimproved Value (2022): $380,000 (2022) UV Price Ratio: 58.46%
Sales Method: $650,000 (Private Treaty) Recommend Purchase Price: 650000
Rates Residential 2022: $2,488* Land Tax Residential 2022: $4,010*
Property Link: https://www.allhomes.com.au/3-yabsley-place-charnwood-act-2615 Marketing Agent: Sharna Sinclair
Date Added: 11/11/24

Photos:

Block Details

Block Size: 567 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 3 Yabsley Place, Charnwood ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 3 Yabsley Place, Charnwood ACT 2615

 

Suburb information

Median house price (2022): $696,250 Median house rent (2022): $565
Suburb highest price (2022): $870,000 Rental vacancy rate (2022): 0.55%
Medium household income (Census 2021): 1818% Income to rent ratio: 31%
Download Suburb Profile: Profile - November 2024

Property Purchase Recommendation Summary

Recommend Purchase Price: $650,000 Estimated Stamp Duty: $17,880
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $667,880

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-142 Approx Turnkey Build Cost inc GST: $211,433
Downloadable Brochure: Design Brochure - 142 Download Proposal: PAP - 3 Yabsley Place, Charnwood ACT 2615

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $550
Potential Gross Weekly Rental Income of Recommended Design: $500 Potential Combined Gross Weekly Income: $1,050
Potential Combined Gross Annual Income: $54,600

Financial Summary

Total Purchase and Build Investment: $879,313 Potential Combined Gross Rental Annual Income: $54,600
Potential Gross % Return: 6%

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