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: $725,000
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: 03/01/2023
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): $2,043
Income to Rent Ratio: 30%
Download Suburb Profile: Richardson 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: 5.95%