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Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.6%

Address: 58 Fremantle Drive, Stirling ACT 2611 Block-Size: 811 sqm
Block: 8 Section: 12
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 1 EER: 4.5
Unimproved Value: 586,000 (2023) UV Price Ratio: 61.16%
Sales Method: $785,000+ Recommend Purchase Price: 785000
Rates Residential: $3,156* Land Tax Residential: $5,364*
Property Link: https://www.realestate.com.au/property-house-act-stirling-148097116 Marketing Agent: Patrick Kinnane
Date Added: 28/05/25

Photos:

Block Details

Block Size: 811 sqm Block Type: Large Block
Zoning: RZ1 : SUBURBAN Frontage Approx:
Precinct Code: 58 Fremantle Drive, Stirling ACT 2611 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 58 Fremantle Drive, Stirling ACT 2611

 

Suburb information

Median house price: 928000 Median house rent: 700
Suburb highest price: 1052500 Rental vacancy rate: 0.36
Medium household income (Census 2021): $2,206 Income to rent ratio: 11%
Download Suburb Profile: Profile - May 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $785,000 Estimated Stamp Duty: $24,265
Approx Legal And Building Report Costs: $809,265 Total Purchase Investment: $271,548

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-221 Approx Turnkey Build Cost inc GST: $231,830
Downloadable Brochure: Design Brochure - 221 Download Proposal: PAP - 58 Fremantle Drive, Stirling ACT 2611

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $610
Potential Gross Weekly Rental Income of Recommended Design: $540 Potential Combined Gross Weekly Income: $1,150
Potential Combined Gross Annual Income: $59,800

Financial Summary

Total Purchase and Build Investment: $271,548 Potential Combined Gross Rental Annual Income: $59,800
Potential Gross % Return: 5.6%

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