Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.04%
| Address: 4 Berne Place, MacGregor ACT 2615 | Block-Size: 734 sqm | ||
| Block: 5 | Section: 7 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 4 | Bathrooms: 2 | ||
| Garaging/Car Spots: 2 | EER: 1.0 | ||
| Unimproved Value (2022): $424,000 (2022) | UV Price Ratio: 56.53% | ||
| Sales Method: $730,000 (Private Treaty) | Recommend Purchase Price: 750000 | ||
| Rates Residential 2022: $2,486* | Land Tax Residential 2022: $3,595* | ||
| Property Link: https://zango.com.au/property/4-berne-place-macgregor-act-2615/ | Marketing Agent: Jake Battenally and Robert Nepomuceno | ||
| Date Added: 05/04/23 |
Photos:
Block Details
| Block Size: 734 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 4 Berne Place, MacGregor ACT 2615 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 4 Berne Place, MacGregor ACT 2615 |
Suburb information
| Median house price (2022): $782,500 | Median house rent (2022): $600 | ||
| Suburb highest price (2022): $1,030,000 | Rental vacancy rate (2022): 0.64% | ||
| Medium household income (Census 2021): 2344% | Income to rent ratio: 26% | ||
| Download Suburb Profile: Profile - April 2023 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $750,000 | Estimated Stamp Duty: $25,200 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $775,200 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-212 | Approx Turnkey Build Cost inc GST: $235,000 | ||
| Downloadable Brochure: Design Brochure - 212 | Download Proposal: PAP - 4 Berne Place, MacGregor ACT 2615 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $650 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $525 | Potential Combined Gross Weekly Income: $1,175 | ||
| Potential Combined Gross Annual Income: $61,100 |
Financial Summary
| Total Purchase and Build Investment: $1,010,200 | Potential Combined Gross Rental Annual Income: $61,100 | ||
| Potential Gross % Return: 6% |
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