Potential Gross Return: 6.05%

Address: 74 Tepper Circuit, Kambah ACT 2902

Block-Size: 604 sqm

Block: 12

Section: 106

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots:

EER: 1.5

Unimproved Value (2022): $487,000 (2022)

UV Price Ratio: 71.62%

Sales Method: Private Treaty

Recommend Purchase Price: $680,000

Rates Residential 2022: $2,671*

Land Tax Residential 2022: $3,996*

Property Link: https://www.allhomes.com.au/74-tepper-circuit-kambah-act-2902

Marketing Agent: Tony Trpeski and Lisa Quick

Date Added: 20/10/2022

Block Details:

Block Size: 604 sqm

Block Type: Large Block

Zoning: RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 74 Tepper Circuit, Kambah ACT 2902 Precinct Code Download

Heritage: N/A

Planning Assessment Report: PAR - 74 Tepper Circuit, Kambah ACT 2902

Suburb information:

Median house price (2022): $896,250.00

Median house rent (2022): $685

Suburb highest price (2022): $1,630,000

Rental vacancy rate (2022): 0.32%

Medium household income (Census 2021): $2,207

Income to rent ratio: 31%

Download Suburb Profile: Profile - October 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $680,000

Estimated Stamp Duty: $22,176

Approx Legal And Building Report Costs: $3,000

Total Purchase Investment: $702,176

Recommended Secondary Residence:

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-160

Approx Turnkey Build Cost inc GST: $200,000

Downloadable Brochure: Design Brochure - 160

Download Proposal: PAP- 74 Tepper Circuit, Kambah ACT 2902

Potential Rental Income:

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $550

Potential Gross Weekly Rental Income of Recommended Design: $500

Potential Combined Gross Weekly Income: $1,050

Potential Combined Gross Annual Income: $54,600

Financial Summary:

Total Purchase and Build Investment: $902,176.00

Potential Combined Gross Rental Annual Income: $54,600

Potential Gross % Return: 6.00%

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