Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.7%

Address: 5 Gidjili Place, Giralang, ACT 2617 Block-Size: 892 sqm
Block: 18 Section: 16
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 4 EER: 4.5
Unimproved Value (2022): 570,000 (2024) UV Price Ratio: 64.77%
Sales Method: $880,000 + Recommend Purchase Price: 880000
Rates Residential 2022: 3,313* Land Tax Residential 2022: 6,198*
Property Link: https://www.realestate.com.au/property-house-act-giralang-148079256 Marketing Agent: Annabelle McInnes
Date Added: 22/05/25

Photos:

Block Details

Block Size: 892 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 5 Gidjili Place, Giralang, ACT 2617 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 5 Gidjili Place, Giralang, ACT 2617

 

Suburb information

Median house price (2022): $885,000 Median house rent (2022): $670
Suburb highest price (2022): $975,000 Rental vacancy rate (2022): 0.8%
Medium household income (Census 2021): 2447% Income to rent ratio: 27%
Download Suburb Profile: Profile - May 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $880,000 Estimated Stamp Duty: $29,870
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $909,870

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-216 Approx Turnkey Build Cost inc GST: $210,549
Downloadable Brochure: Design Brochure - 216 Download Proposal:

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $670
Potential Gross Weekly Rental Income of Recommended Design: $580 Potential Combined Gross Weekly Income: $1,250
Potential Combined Gross Annual Income: $65,000

Financial Summary

Total Purchase and Build Investment: $252,111 Potential Combined Gross Rental Annual Income: $65,000
Potential Gross % Return: 5.7%

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