Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.95%
Address: 62 Chauncy Crescent Richardson, ACT 2905 | Block-Size: 755 sqm | ||
Block: 34 | Section: 458 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: 2 | ||
Unimproved Value (2022): $469,000 (2022) | UV Price Ratio: 64.69% | ||
Sales Method: $739,000 (Private Treaty) | Recommend Purchase Price: 725000 | ||
Rates Residential 2022: $2,628* | Land Tax Residential 2022: $3,902* | ||
Property Link: https://zango.com.au/sale/62-chauncy-crescent-richardson-act-2905-71566/ | Marketing Agent: Brad O'Mara | ||
Date Added: 03/01/23 |
Photos:
Block Details
Block Size: 755 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 62 Chauncy Crescent Richardson, ACT 2905 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 62 Chauncy Crescent Richardson, ACT 2905 |
Suburb information
Median house price (2022): $825,000 | Median house rent (2022): $620 | ||
Suburb highest price (2022): $1,150,000 | Rental vacancy rate (2022): 0.08% | ||
Medium household income (Census 2021): 2043% | Income to rent ratio: 30% | ||
Download Suburb Profile: Profile - January 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $725,000 | Estimated Stamp Duty: $24,120 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $749,120 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 | Approx Turnkey Build Cost inc GST: $365,000 | ||
Downloadable Brochure: Design Brochure - 384 | Download Proposal: PAP - 62 Chauncy Crescent Richardson, ACT 2905 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $550 | ||
Potential Gross Weekly Rental Income of Recommended Design: $725 | Potential Combined Gross Weekly Income: $1,275 | ||
Potential Combined Gross Annual Income: $66,300 |
Financial Summary
Total Purchase and Build Investment: $1,114,120 | Potential Combined Gross Rental Annual Income: $66,300 | ||
Potential Gross % Return: 6% |
Contact Us
-
6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605