Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.65%
Address: 6 Fawsitt Place, Florey ACT 2615 | Block-Size: 642 sqm | ||
Block: 7 | Section: 120 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: | EER: 1.5 | ||
Unimproved Value (2022): $577,000 (2022) | UV Price Ratio: 74.45% | ||
Sales Method: Private Treaty | Recommend Purchase Price: 775000 | ||
Rates Residential 2022: $2,838* | Land Tax Residential 2022: $4,357* | ||
Property Link: https://www.allhomes.com.au/6-fawsitt-place-florey-act-2615 | Marketing Agent: Chris Churchill | ||
Date Added: 20/08/22 |
Photos:
Block Details
Block Size: 642 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 6 Fawsitt Place, Florey ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 6 Fawsitt Place, Florey ACT 2615 |
Suburb information
Median house price (2022): $1,082,000 | Median house rent (2022): $623 | ||
Suburb highest price (2022): $1,530,000 | Rental vacancy rate (2022): 0.86% | ||
Medium household income (Census 2021): 2082% | Income to rent ratio: 30% | ||
Download Suburb Profile: Profile - August 2022 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $775,000 | Estimated Stamp Duty: $26,675 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $801,675 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124 | Approx Turnkey Build Cost inc GST: $19,000 | ||
Downloadable Brochure: Design Brochure - 124 | Download Proposal: PAP - 6 Fawsitt Place, Florey ACT 2615 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $550 | ||
Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,050 | ||
Potential Combined Gross Annual Income: $54,600 |
Financial Summary
Total Purchase and Build Investment: $820,675 | Potential Combined Gross Rental Annual Income: $54,600 | ||
Potential Gross % Return: 7% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605