Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.72%
Address: 52 Companion Crescent, Flynn ACT 2615 | Block-Size: 1037 sqm | ||
Block: 2 | Section: 21 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 4 | Bathrooms: 2 | ||
Garaging/Car Spots: 1 | EER: 3.0 | ||
Unimproved Value (2022): $505,000 (2022) | UV Price Ratio: 64.33% | ||
Sales Method: Auction (2023-04-29) | Recommend Purchase Price: 785000 | ||
Rates Residential 2022: $2,703* | Land Tax Residential 2022: $4,066* | ||
Property Link: https://www.allhomes.com.au/52-companion-crescent-flynn-act-2615 | Marketing Agent: Lawrence Jacobsen and Robert Peaker | ||
Date Added: 05/04/23 |
Photos:
Block Details
Block Size: 1037 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 52 Companion Crescent, Flynn ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 52 Companion Crescent, Flynn ACT 2615 |
Suburb information
Median house price (2022): $863,750 | Median house rent (2022): $650 | ||
Suburb highest price (2022): $897,500 | Rental vacancy rate (2022): 0.84% | ||
Medium household income (Census 2021): 2728% | Income to rent ratio: 24% | ||
Download Suburb Profile: Profile - April 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $785,000 | Estimated Stamp Duty: $27,265 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $812,265 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-383 | Approx Turnkey Build Cost inc GST: $325,000 | ||
Downloadable Brochure: Design Brochure - 383 | Download Proposal: PAP - 52 Companion Crescent, Flynn ACT 2615 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $720 | ||
Potential Gross Weekly Rental Income of Recommended Design: $750 | Potential Combined Gross Weekly Income: $1,470 | ||
Potential Combined Gross Annual Income: $76,440 |
Financial Summary
Total Purchase and Build Investment: $1,137,260 | Potential Combined Gross Rental Annual Income: $76,440 | ||
Potential Gross % Return: 7% |
Contact Us
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2617, Australia - [email protected]
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