Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.05%
Address: 7 Brawn Place, Calwell ACT 2905 | Block-Size: 863 sqm | ||
Block: 28 | Section: 703 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 4 | EER: 1.0 | ||
Unimproved Value (2022): $455,000 (2022) | UV Price Ratio: 65% | ||
Sales Method: Auction (2023-02-04) | Recommend Purchase Price: 700000 | ||
Rates Residential 2022: $2,565* | Land Tax Residential 2022: $3,768* | ||
Property Link: https://zango.com.au/sale/7-brawn-place-calwell-act-2905-73412/ | Marketing Agent: Sandy Morris | ||
Date Added: 30/01/23 |
Photos:
Block Details
Block Size: 863 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 7 Brawn Place, Calwell ACT 2905 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 7 Brawn Place, Calwell ACT 2905 |
Suburb information
Median house price (2022): $906,000 | Median house rent (2022): $683 | ||
Suburb highest price (2022): $1,335,000 | Rental vacancy rate (2022): 0.37% | ||
Medium household income (Census 2021): 2460% | Income to rent ratio: 28% | ||
Download Suburb Profile: Profile - January 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $700,000 | Estimated Stamp Duty: $23,040 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $723,040 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384 | Approx Turnkey Build Cost inc GST: $350,000 | ||
Downloadable Brochure: Design Brochure - 384 | Download Proposal: PAP - 7 Brawn Place, Calwell ACT 2905 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $600 | ||
Potential Gross Weekly Rental Income of Recommended Design: $650 | Potential Combined Gross Weekly Income: $1,250 | ||
Potential Combined Gross Annual Income: $65,000 |
Financial Summary
Total Purchase and Build Investment: $1,073,040 | Potential Combined Gross Rental Annual Income: $65,000 | ||
Potential Gross % Return: 6% |
Contact Us
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