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Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.4%

Address: 31 McIntosh Street, Scullin ACT 2614 Block-Size: 827 sqm
Block: 20 Section: 31
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 2 EER: 1.5
Unimproved Value: 631,000 (2024) UV Price Ratio: 74.23%
Sales Method: $849,000+ Recommend Purchase Price: 850000
Rates Residential: 3,411* Land Tax Residential: 6,443*
Property Link: https://www.realestate.com.au/property-house-act-scullin-147913808 Marketing Agent: Bree Prince
Date Added: 07/05/25

Photos:

Block Details

Block Size: 827 sqm Block Type: Large Block
Zoning: RZ2: SUBURBAN CORE Frontage Approx:
Precinct Code: 31 McIntosh Street, Scullin ACT 2614 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 31 McIntosh Street, Scullin ACT 2614

 

Suburb information

Median house price: 887500 Median house rent: 600
Suburb highest price: 920000 Rental vacancy rate: 0.69
Medium household income (Census 2021): $2,025 Income to rent ratio: 11%
Download Suburb Profile: Profile - May 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $850,000 Estimated Stamp Duty: $28,100
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $878,100

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-216 Approx Turnkey Build Cost inc GST: $210,549
Downloadable Brochure: Design Brochure - 216 Download Proposal: PAP - 31 McIntosh Street, Scullin ACT 2614

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $605
Potential Gross Weekly Rental Income of Recommended Design: $550 Potential Combined Gross Weekly Income: $1,155
Potential Combined Gross Annual Income: $60,060

Financial Summary

Total Purchase and Build Investment: $252,111 Potential Combined Gross Rental Annual Income: $60,060
Potential Gross % Return: 5.4%

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