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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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605