Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.7%
| Address: 32 Wheeler Crescent, Wanniassa, ACT 2903 | Block-Size: 802 sqm | ||
| Block: 14 | Section: 174 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 1 | ||
| Garaging/Car Spots: 2 | EER: 0.5 | ||
| Unimproved Value: 458,000 (2024) | UV Price Ratio: 59.86% | ||
| Sales Method: $760,000+ | Recommend Purchase Price: 765000 | ||
| Rates Residential: 2,810* | Land Tax Residential: 4,891* | ||
| Property Link: https://www.realestate.com.au/property-house-act-wanniassa-145627020 | Marketing Agent: Mark McCann | ||
| Date Added: 22/05/25 |
Photos:
Block Details
| Block Size: 802 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 32 Wheeler Crescent, Wanniassa, ACT 2903 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 32 Wheeler Crescent, Wanniassa, ACT 2903 |
Suburb information
| Median house price: 855000 | Median house rent: 640 | ||
| Suburb highest price: 1225000 | Rental vacancy rate: 0.35 | ||
| Medium household income (Census 2021): $2,295 | Income to rent ratio: 28% | ||
| Download Suburb Profile: Profile - May 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $765,000 | Estimated Stamp Duty: $23,085 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $788,085 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-255 | Approx Turnkey Build Cost inc GST: $223,994 | ||
| Downloadable Brochure: Design Brochure - 255 | Download Proposal: |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $610 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $540 | Potential Combined Gross Weekly Income: $1,150 | ||
| Potential Combined Gross Annual Income: $59,800 |
Financial Summary
| Total Purchase and Build Investment: $322,903 | Potential Combined Gross Rental Annual Income: $59,800 | ||
| Potential Gross % Return: 5.7% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605