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%