Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6%
| Address: 63 O'Loghlen Street, Latham ACT 2615 | Block-Size: 800 sqm | ||
| Block: 22 | Section: 60 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 1 | ||
| Garaging/Car Spots: 2 | EER: 2.5 | ||
| Unimproved Value (2022): 464,000 (2024) | UV Price Ratio: 62.28% | ||
| Sales Method: $745,000-$795,000 | Recommend Purchase Price: 745000 | ||
| Rates Residential 2022: 2,862* | Land Tax Residential 2022: 5,034* | ||
| Property Link: https://www.allhomes.com.au/63-o-loghlen-street-latham-act-2615 | Marketing Agent: Brent Dayton | ||
| Date Added: 13/03/25 |
Photos:
Block Details
| Block Size: 800 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 63 O'Loghlen Street, Latham ACT 2615 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 63 O'Loghlen Street, Latham ACT 2615 |
Suburb information
| Median house price (2022): $780,000 | Median house rent (2022): $680 | ||
| Suburb highest price (2022): $780,000 | Rental vacancy rate (2022): 0.4% | ||
| Medium household income (Census 2021): $2,125 | Income to rent ratio: 32% | ||
| Download Suburb Profile: Profile - March 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $745,000 | Estimated Stamp Duty: $21,984 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $766,984 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-256 | Approx Turnkey Build Cost inc GST: $211,306 | ||
| Downloadable Brochure: Design Brochure - 256 | Download Proposal: PAP - 63 O'Loghlen Street, Latham ACT 2615 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $620 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,120 | ||
| Potential Combined Gross Annual Income: $58,240 |
Financial Summary
| Total Purchase and Build Investment: $251,053 | Potential Combined Gross Rental Annual Income: $58,240 | ||
| Potential Gross % Return: 6% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605