Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.32%
Address: 6 Mcilveen Place, Oxley ACT 2903 | Block-Size: 712 sqm | ||
Block: 4 | Section: 28 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: 3.5 | ||
Unimproved Value (2022): $500,000 (2022) | UV Price Ratio: 67.66% | ||
Sales Method: $739,000 (Private Treaty) | Recommend Purchase Price: 739000 | ||
Rates Residential 2022: $2,699* | Land Tax Residential 2022: $3,856* | ||
Property Link: https://zango.com.au/sale/6-mcilveen-place-oxley-act-2903-79237/ | Marketing Agent: Symon Badenoch and Lucia Marzano | ||
Date Added: 26/10/24 |
Photos:
Block Details
Block Size: 712 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 6 Mcilveen Place, Oxley ACT 2903 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 6 Mcilveen Place, Oxley ACT 2903 |
Suburb information
Median house price (2022): $759,000 | Median house rent (2022): $740 | ||
Suburb highest price (2022): $1,230,000 | Rental vacancy rate (2022): 0.15% | ||
Medium household income (Census 2021): 2393% | Income to rent ratio: 31% | ||
Download Suburb Profile: Profile - October 2024 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $739,000 | Estimated Stamp Duty: $24,725 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $763,725 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 | Approx Turnkey Build Cost inc GST: $345,681 | ||
Downloadable Brochure: Design Brochure - 384 | Download Proposal: PAP - 6 Mcilveen Place, Oxley ACT 2903 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $600 | ||
Potential Gross Weekly Rental Income of Recommended Design: $750 | Potential Combined Gross Weekly Income: $1,350 | ||
Potential Combined Gross Annual Income: $70,200 |
Financial Summary
Total Purchase and Build Investment: $1,109,410 | Potential Combined Gross Rental Annual Income: $70,200 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
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