Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.8%
| Address: 35 Weathers Street, Gowrie ACT 2904 | Block-Size: 845 sqm | ||
| Block: 2 | Section: 221 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 1 | ||
| Garaging/Car Spots: 2 | EER: 2.0 | ||
| Unimproved Value (2022): 460,000 (2024) | UV Price Ratio: 62.16% | ||
| Sales Method: $740,0000 | Recommend Purchase Price: 740000 | ||
| Rates Residential 2022: 2,839* | Land Tax Residential 2022: 4,970* | ||
| Property Link: https://www.allhomes.com.au/35-weathers-street-gowrie-act-2904 | Marketing Agent: Aliza Cole | ||
| Date Added: 26/03/25 |
Photos:
Block Details
| Block Size: 845 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 35 Weathers Street, Gowrie ACT 2904 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 35 Weathers Street, Gowrie ACT 2904 |
Suburb information
| Median house price (2022): $895,000 | Median house rent (2022): $700 | ||
| Suburb highest price (2022): $955,000 | Rental vacancy rate (2022): 0.17% | ||
| Medium household income (Census 2021): $2,674 | Income to rent ratio: 26% | ||
| Download Suburb Profile: Profile - March 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $740,000 | Estimated Stamp Duty: $21,768 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $761,768 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-206 | Approx Turnkey Build Cost inc GST: $226,028 | ||
| Downloadable Brochure: Design Brochure - 206 | Download Proposal: PAP - 35 Weathers Street, Gowrie ACT 2904 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $635 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,135 | ||
| Potential Combined Gross Annual Income: $59,020 |
Financial Summary
| Total Purchase and Build Investment: $263,859 | Potential Combined Gross Rental Annual Income: $59,020 | ||
| Potential Gross % Return: 5.8% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
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