Indicative Gross Return:

6.25%–6.50%

Region: Belconnen
Block-Size: 1390–1490 sqm
Block: 8
Section: 37
Type: House
House/Building Size: TBC
Bedrooms: 6
Bathrooms: 2
Garaging/Car Spots: 2
EER: 3.0
Unimproved Value (2023):$646,000 (2023)
UV Price Ratio:68.00
Sales Method: Auction
Action Details
Action Date:
Action Time:
Download Contract: download file
Recommend Purchase Price: $950,000
Rates Residential 2023: $3,303*
Land Tax Residential 2023: $5,331*
Marketing Agent: Nick Purnell and Sam Werry
Date Added: 2026-05-04

Property Images

Block Details

Block Size: 1390–1490 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Precinct Code: Precinct Map scullin Precinct Code Download
Unit Tiling or Subdivision PossibilityYes
Heritage: N/A
Crown Lease Summary: Details

Suburb Information

Median House Price (2023): $823000
Median House Rent (2023): $650
Suburb Highest Price (2023): $823000
Rental Vacancy Rate (2023): 0.85
Medium Household Income (Census 2023): $2,025
Income to Rent Ratio: 32%

Property Purchase Recommendation Summary

Recommend Purchase Price: $950,000.00
Estimated Stamp Duty:$37,000.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $1,240,655.00

Recommended Secondary Residence

Potential Rental Income

Potential Gross Weekly Rental Income of Existing Property: $1,000.00
Potential Gross Weekly Rental Income of Recommended Design: $550.00
Potential Combined Gross Weekly Income: $1,550.00
Potential Combined Gross Annual Income: $80,600.00

Financial Summary

Total Purchase and Build Investment: $1,240,655.00
Potential Combined Gross Rental Annual Income:$80,600.00
Potential Gross % Return: 6.25%–6.50%

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