Potential Gross Return: 6.63% 

Address: 8 Barcoo Place, Kaleen ACT 2617

Block-Size: 758 sqm

Block: 21

Section: 19

Type: House

House/Building Size: TBC

Bedrooms: 4

Bathrooms: 2

Garaging/Car Spots: 2

EER: 4.0

Unimproved Value (2022): $664,000 (2022)

UV Price Ratio: 73.78%

Sales Method: $900,000 (Private Treaty)

Recommend Purchase Price: $900,000

Rates Residential 2022: $3,342* 

Land Tax Residential 2022: $5,410* 

Property Link: https://www.allhomes.com.au/8-barcoo-place-kaleen-act-2617

Marketing Agent: Jason El-Khoury and Mark Larmer And Aaron Lewis

Date Added: 11/07/2023

Block Details:

Block Size: 758 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 8 Barcoo Place, Kaleen ACT 2617 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 8 Barcoo Place, Kaleen ACT 2617

Suburb Information:

Median House Price (2022): $1,017,500

Median House Rent (2022): $650

Suburb Highest Price (2022): $1,800,000​​

Rental Vacancy Rate (2022): 0.63%

Medium Household Income (Census 2021):  $2,336

Income to Rent Ratio:  28%

Download Suburb Profile:  Kaleen Profile - July 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $900,000

Estimated Stamp Duty: $34,050

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $934,050

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-383

Approx Turnkey Build Cost inc GST: $319,946

Downloadable Brochure: Design Brochure - 383 

Download Proposal: PAP - 8 Barcoo Place, Kaleen ACT 2617

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $800

Potential Gross Weekly Rental Income of Recommended Design: $800 

Potential Combined Gross Weekly Income:  $1,600 

Potential Combined Gross Annual Income: $83,200

Financial Summary:

Total Purchase and Build Investment: $1,253,996

Potential Combined Gross Rental Annual Income: $83,200

Potential Gross % Return: 6.63% 

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