Potential Gross Return: 6.49%

Address: 45 Hinkler Street, Scullin ACT 2614

Block-Size: 1440 sqm

Block: 8

Section: 37

Type: House

House/Building Size: TBC

Bedrooms: 6

Bathrooms: 2

Garaging/Car Spots: 2

EER: 3.0

Unimproved Value (2022): $646,000 (2022)

UV Price Ratio: 68%

Sales Method: Auction (2023-05-06)

Recommend Purchase Price: $950,000

Rates Residential 2022: $3,303*

Land Tax Residential 2022: $5,331*

Property Link: https://www.allhomes.com.au/45-hinkler-street-scullin-act-2614

Marketing Agent: Nick Purnell and Sam Werry

Date Added: 19/04/2023

Block Details:

Block Size: 1440 sqm

Block Type: Large Block

Zoning: RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 45 Hinkler Street, Scullin ACT 2614 Precinct Code Download

Heritage: N/A

Planning Assessment Report: PAR - 45 Hinkler Street, Scullin ACT 2614

Suburb information:

Median house price (2022): $823,000.00

Median house rent (2022): $650

Suburb highest price (2022): $823,000

Rental vacancy rate (2022): 0.85%

Medium household income (Census 2021): $2,025

Income to rent ratio: 32%

Download Suburb Profile: Profile - April 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $950,000

Estimated Stamp Duty: $37,000

Approx Legal And Building Report Costs: $3,000

Total Purchase Investment: $987,000

Recommended Secondary Residence:

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-238

Approx Turnkey Build Cost inc GST: $253,655

Downloadable Brochure: Design Brochure - 238

Download Proposal: PAP- 45 Hinkler Street, Scullin ACT 2614

Potential Rental Income:

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $1,000

Potential Gross Weekly Rental Income of Recommended Design: $550

Potential Combined Gross Weekly Income: $1,550

Potential Combined Gross Annual Income: $80,600

Financial Summary:

Total Purchase and Build Investment: $1,240,660.00

Potential Combined Gross Rental Annual Income: $80,600

Potential Gross % Return: 6.00%

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