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More Information
Indicative Gross Return:

5.75%–6.00%

Region: Tuggeranong
Block-Size: 700–800 sqm
Block: 34
Section: 458
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 2.0
Unimproved Value (2023):$469,000 (2023)
UV Price Ratio:64.69
Sales Method:Private Treaty
Recommend Purchase Price: $725,000
Rates Residential 2023: $2,628*
Land Tax Residential 2023: $3,902*
Property Link: https://www.allhomes.com.au/62-chauncy-crescent-richardson-act-2905
Marketing Agent: Brad O'Mara
Date Added: 2026-05-04

Property Images

Block Details

Block Size: 700–800 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Precinct Code: Precinct Map Richardson Precinct Code Download
Unit Tiling or Subdivision PossibilityNo
Heritage: N/A
Planning Assessment Report: PAR - 62 Chauncy Crescent, Richardson ACT 2905, Richardson ACT 2905
Crown Lease Summary: Details

Suburb Information

Median House Price (2023): $825000
Median House Rent (2023): $620
Suburb Highest Price (2023): $1150000
Rental Vacancy Rate (2023): 0.08
Medium Household Income (Census 2023): $2,043
Income to Rent Ratio: 30%
Download Suburb Profile: print_suburb_flyover_detailed_1672739003422

Property Purchase Recommendation Summary

Recommend Purchase Price: $725,000.00
Estimated Stamp Duty:$24,120.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $1,114,120.00

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384
Approx Turnkey Build Cost inc GST: $365,000.00
Downloadable Brochure: design-brochure-mini-384-170822-wfkvbaxqrxfk
Download Proposal:Frank Walmsley - 62 Chauncy Crescent Richardson, ACT 2905 - Planning Assessment Proposal - Design 384

Potential Rental Income

Potential Gross Weekly Rental Income of Existing Property: $550.00
Potential Gross Weekly Rental Income of Recommended Design: $725.00
Potential Combined Gross Weekly Income: $1,275.00
Potential Combined Gross Annual Income: $66,300.00

Financial Summary

Total Purchase and Build Investment: $1,114,120.00
Potential Combined Gross Rental Annual Income:$66,300.00
Potential Gross % Return: 5.75%–6.00%

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