More Information
Indicative Gross Return:
5.50%–5.75%
Region: Belconnen
Block-Size: 680–780 sqm
Block: 30
Section: 22
Type: House
House/Building Size: 125 sqm
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 1.5
Unimproved Value (2025):$805,000 (2025)
UV Price Ratio:94.82
Sales Method:Private Treaty
Recommend Purchase Price: $849,000
Rates Residential 2025: $4,392*
Land Tax Residential 2025: $8,865*
Property Link: https://www.allhomes.com.au/7-erskine-street-macquarie-act-2614?gad_source=1&gad_campaignid=23620331954&gbraid=0AAAAADQX6twGE9-clDe2ENpgwbocXd_lt&gclid=EAIaIQobChMI38DK6obAlQMVV2QPAh30sQhaEAAYASAAEgJzsvD_BwE
Marketing Agent: Jack Doyle
Date Added: 2026-07-07
Property Images
Block Details
Block Size: 680–780 sqm
Block Type: Large Block
Zoning: RZ2: SUBURBAN CORE
Precinct Code: Macquarie Precinct Map Precinct Code Download
Unit Tiling or Subdivision PossibilityYes
Heritage: N/A
Planning Assessment Report: PAR - 7 Erskine Street, Macquarie ACT 2614, Macquarie ACT 2614
Crown Lease Summary: Details
Suburb Information
Median House Price (2025): $1,040,000
Median House Rent (2025): $800
Suburb Highest Price (2025): $1,500,000
Rental Vacancy Rate (2025): 1.02%
Medium Household Income (Census 2025): $1,947
Income to Rent Ratio: 41%
Download Suburb Profile: Macquarie_suburb_flyover_1783411158844
Property Purchase Recommendation Summary
Recommend Purchase Price: $849,000.00
Estimated Stamp Duty:$28,041.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $1,283,875.52
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-320
Approx Turnkey Build Cost inc GST: $406,834.52
Downloadable Brochure: design-brochure-mini-320-020421-wfzqtkvasoci
Download Proposal:Frank Walmsley - 7 Erskine Street, Macquarie ACT 2614 - Planning Assessment Proposal - Design 320
Potential Rental Income
Potential Gross Weekly Rental Income of Existing Property: $670.00
Potential Gross Weekly Rental Income of Recommended Design: $695.00
Potential Combined Gross Weekly Income: $1,365.00
Potential Combined Gross Annual Income: $70,980.00
Financial Summary
Total Purchase and Build Investment: $1,283,875.52
Potential Combined Gross Rental Annual Income:$70,980.00
Potential Gross % Return: 5.50%–5.75%

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