Qualified Properties For Secondary Residence Potential
Potential Gross Return: 7.08%
Address: 6 Newmarch Place, MacGregor ACT 2615 | Block-Size: 866 sqm | ||
Block: 8 | Section: 77 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: | EER: 2.0 | ||
Unimproved Value (2022): $405,000 (2022) | UV Price Ratio: 67.5% | ||
Sales Method: Auction (2023-08-24) | Recommend Purchase Price: 600000 | ||
Rates Residential 2022: $2,363* | Land Tax Residential 2022: $3,539* | ||
Property Link: https://www.allhomes.com.au/6-newmarch-place-macgregor-act-2615 | Marketing Agent: Fleur Scheele | ||
Date Added: 01/08/23 |
Photos:
Block Details
Block Size: 866 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 6 Newmarch Place, MacGregor ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 6 Newmarch Place, MacGregor ACT 2615 |
Suburb information
Median house price (2022): $812,500 | Median house rent (2022): $600 | ||
Suburb highest price (2022): $1,030,000 | Rental vacancy rate (2022): 0.71% | ||
Medium household income (Census 2021): 2344% | Income to rent ratio: 26% | ||
Download Suburb Profile: Profile - August 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $600,000 | Estimated Stamp Duty: $18,720 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $618,720 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-212 | Approx Turnkey Build Cost inc GST: $232,206 | ||
Downloadable Brochure: Design Brochure - 212 | Download Proposal: PAP - 6 Newmarch Place, MacGregor ACT 2615 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $510 | ||
Potential Gross Weekly Rental Income of Recommended Design: $550 | Potential Combined Gross Weekly Income: $1,160 | ||
Potential Combined Gross Annual Income: $60,320 |
Financial Summary
Total Purchase and Build Investment: $850,926 | Potential Combined Gross Rental Annual Income: $60,320 | ||
Potential Gross % Return: 7% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605