Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.78%
Address: 50 Bradfield Street, Downer ACT 2602 | Block-Size: 1018 sqm | ||
Block: 18 | Section: 68 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 4 | Bathrooms: 2 | ||
Garaging/Car Spots: 1 | EER: | ||
Unimproved Value (2022): $1,020,000 (2022) | UV Price Ratio: 97.14% | ||
Sales Method: $1,180,000 (Private Treaty) | Recommend Purchase Price: 1050000 | ||
Rates Residential 2022: $4,677* | Land Tax Residential 2022: $8,039* | ||
Property Link: https://www.allhomes.com.au/50-bradfield-street-downer-act-2602 | Marketing Agent: Craig Bright and Carly Hutch | ||
Date Added: 11/01/23 |
Photos:
Block Details
Block Size: 1018 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 50 Bradfield Street, Downer ACT 2602 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 50 Bradfield Street, Downer ACT 2602 |
Suburb information
Median house price (2022): $1,300,000 | Median house rent (2022): $670 | ||
Suburb highest price (2022): $2,055,000 | Rental vacancy rate (2022): 1.08% | ||
Medium household income (Census 2021): 2267% | Income to rent ratio: 30% | ||
Download Suburb Profile: Profile - January 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $1,050,000 | Estimated Stamp Duty: $43,150 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $1,093,150 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 | Approx Turnkey Build Cost inc GST: $345,000 | ||
Downloadable Brochure: Design Brochure - 384 | Download Proposal: |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $800 | ||
Potential Gross Weekly Rental Income of Recommended Design: $800 | Potential Combined Gross Weekly Income: $1,600 | ||
Potential Combined Gross Annual Income: $83,200 |
Financial Summary
Total Purchase and Build Investment: $1,438,150 | Potential Combined Gross Rental Annual Income: $83,200 | ||
Potential Gross % Return: 6% |
Contact Us
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