Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.48%
Address: 4 Montagu Place, Evatt ACT 2617 | Block-Size: 546 sqm | ||
Block: 20 | Section: 85 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 2 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: | ||
Unimproved Value (2022): $474,000 (2022) | UV Price Ratio: 69.71% | ||
Sales Method: $680,000 (Private Treaty) | Recommend Purchase Price: 680000 | ||
Rates Residential 2022: $2,510* | Land Tax Residential 2022: $3,647* | ||
Property Link: https://www.allhomes.com.au/4-montagu-place-evatt-act-2617 | Marketing Agent: Richard King | ||
Date Added: 31/12/22 |
Photos:
Block Details
Block Size: 546 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 4 Montagu Place, Evatt ACT 2617 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 4 Montagu Place, Evatt ACT 2617 |
Suburb information
Median house price (2022): $880,000 | Median house rent (2022): $650 | ||
Suburb highest price (2022): $1,385,000 | Rental vacancy rate (2022): 0.53% | ||
Medium household income (Census 2021): 2428% | Income to rent ratio: 27% | ||
Download Suburb Profile: Profile - December 2022 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $680,000 | Estimated Stamp Duty: $22,176 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $702,176 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-161 | Approx Turnkey Build Cost inc GST: $220,000 | ||
Downloadable Brochure: Design Brochure - 161 | Download Proposal: PAP - 4 Montagu Place, Evatt ACT 2617 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $600 | ||
Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,150 | ||
Potential Combined Gross Annual Income: $59,800 |
Financial Summary
Total Purchase and Build Investment: $922,176 | Potential Combined Gross Rental Annual Income: $59,800 | ||
Potential Gross % Return: 648% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605