Potential Gross Return: 7.1%
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 (2022): $659,000 (2022)
UV Price Ratio: 80.37%
Sales Method: Auction (2023-07-08)
Recommend Purchase Price: $820,000
Rates Residential 2022: $2,986*
Land Tax Residential 2022: $4,677*
Property Link: https://www.allhomes.com.au/58-fremantle-drive-stirling-act-2611
Marketing Agent: Paul Laughton
Date Added: 11/07/2023
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 (2022): $1,100,000
Median House Rent (2022): $688
Suburb Highest Price (2022): $1,320,000
Rental Vacancy Rate (2022): 0.72%
Medium Household Income (Census 2021): $2,206
Income to Rent Ratio: 31%
Download Suburb Profile: Stirling Profile - July 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $820,000
Estimated Stamp Duty: $29,330
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $849,330
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-488
Approx Turnkey Build Cost inc GST: $358,150
Downloadable Brochure: Design Brochure - 488
Download Proposal: PAP - 58 Fremantle Drive, Stirling ACT 2611
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $650
Potential Gross Weekly Rental Income of Recommended Design: $1,000
Potential Combined Gross Weekly Income: $1,650
Potential Combined Gross Annual Income: $85,800
Financial Summary:
Total Purchase and Build Investment: $1207479.89
Potential Combined Gross Rental Annual Income: $85,800
Potential Gross % Return: 7.1%
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