Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.4%
| Address: 80 Harry Hopman Circuit, Gordon ACT 2906 | Block-Size: 714 sqm | ||
| Block: 8 | Section: 551 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 1 | ||
| Garaging/Car Spots: 2 | EER: 5.0 | ||
| Unimproved Value (2022): 448,000 (2024) | UV Price Ratio: 68.39% | ||
| Sales Method: $650,000+ | Recommend Purchase Price: 655000 | ||
| Rates Residential 2022: 2,738* | Land Tax Residential 2022: 4,695* | ||
| Property Link: https://www.realestate.com.au/property-house-act-gordon-147439928 | Marketing Agent: Kaine Walters | ||
| Date Added: 02/04/25 |
Photos:
Block Details
| Block Size: 714 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 80 Harry Hopman Circuit, Gordon ACT 2906 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 80 Harry Hopman Circuit, Gordon ACT 2906 |
Suburb information
| Median house price (2022): $848,750 | Median house rent (2022): $620 | ||
| Suburb highest price (2022): $960,000 | Rental vacancy rate (2022): 0.43% | ||
| Medium household income (Census 2021): $2,321 | Income to rent ratio: 27% | ||
| Download Suburb Profile: Profile - April 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $655,000 | Estimated Stamp Duty: $18,096 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $673,096 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-267 | Approx Turnkey Build Cost inc GST: $218,503 | ||
| Downloadable Brochure: Design Brochure - 267 | Download Proposal: PAP - 80 Harry Hopman Circuit, Gordon ACT 2906 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $625 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,125 | ||
| Potential Combined Gross Annual Income: $58,500 |
Financial Summary
| Total Purchase and Build Investment: $257,487 | Potential Combined Gross Rental Annual Income: $58,500 | ||
| Potential Gross % Return: 6.4% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605