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: $785,000
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: 05/04/2023
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): $2,728
Income to Rent Ratio: 24%
Download Suburb Profile: Flynn 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: $1137265
Potential Combined Gross Rental Annual Income: $76,440
Potential Gross % Return: 6.72%