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: $725,000
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: 07/06/2023
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): $2,131
Income to Rent Ratio: 29%
Download Suburb Profile: Isabella Plains - 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: 5.82%