Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.4%

Address: 63 Deamer Crescent, Richardson ACT 2905 Block-Size: 709 sqm
Block: 4 Section: 485
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 1 EER: 3
Unimproved Value: 401,000 UV Price Ratio: 50.12%
Sales Method: $799,000+ Recommend Purchase Price: 800000
Rates Residential: $2,562* Land Tax Residential: $4,214*
Property Link: https://www.realestate.com.au/property-house-act-richardson-148310404 Marketing Agent: Vittoria Matheson
Date Added: 26/06/25

Photos:

Block Details

Block Size: 709 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 63 Deamer Crescent, Richardson ACT 2905 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 63 Deamer Crescent, Richardson ACT 2905

 

Suburb information

Median house price: 770000 Median house rent: 620
Suburb highest price: 848000 Rental vacancy rate: 0.34
Medium household income (Census 2021): $2,043 Income to rent ratio: 3.29%
Download Suburb Profile: Profile - June 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $800,000 Estimated Stamp Duty: $25,150
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $825,150

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-266 Approx Turnkey Build Cost inc GST: $226,243
Downloadable Brochure: Download Proposal:

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $595
Potential Gross Weekly Rental Income of Recommended Design: $520 Potential Combined Gross Weekly Income: $1,115
Potential Combined Gross Annual Income: $57,980

Financial Summary

Total Purchase and Build Investment: $260,893 Potential Combined Gross Rental Annual Income: $57,980
Potential Gross % Return: 5.4%

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