Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.82%
Address: 53 Ellerston Avenue, Isabella Plains ACT 2905 | Block-Size: 653 sqm | ||
Block: 12 | Section: 829 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 4 | Bathrooms: 1 | ||
Garaging/Car Spots: 2 | EER: 0.0 | ||
Unimproved Value (2022): $467,000 (2022) | UV Price Ratio: 64.41% | ||
Sales Method: $719,000 (Private Treaty) | Recommend Purchase Price: 725000 | ||
Rates Residential 2022: $2,634* | Land Tax Residential 2022: $3,915* | ||
Property Link: https://www.allhomes.com.au/53-ellerston-avenue-isabella-plains-act-2905 | Marketing Agent: Elie Aoun | ||
Date Added: 07/06/23 |
Photos:
Block Details
Block Size: 653 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 53 Ellerston Avenue, Isabella Plains ACT 2905 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 53 Ellerston Avenue, Isabella Plains ACT 2905 |
Suburb information
Median house price (2022): $727,500 | Median house rent (2022): $615 | ||
Suburb highest price (2022): $950,000 | Rental vacancy rate (2022): 0.52% | ||
Medium household income (Census 2021): 2131% | Income to rent ratio: 29% | ||
Download Suburb Profile: Profile - June 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $725,000 | Estimated Stamp Duty: $24,120 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $749,120 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-212 | Approx Turnkey Build Cost inc GST: $232,206 | ||
Downloadable Brochure: Design Brochure - 212 | Download Proposal: PAP - 53 Ellerston Avenue, Isabella Plains ACT 2905 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $600 | ||
Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,100 | ||
Potential Combined Gross Annual Income: $57,200 |
Financial Summary
Total Purchase and Build Investment: $981,326 | Potential Combined Gross Rental Annual Income: $57,200 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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