Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.8%
| Address: 89 Chippindall Circuit, Theodore ACT 2905 | Block-Size: 777 sqm |
| Block: 38 | Section: 631 |
| Type: House | House/Building Size: TBC |
| Bedrooms: 3 | Bathrooms: 1 |
| Garaging/Car Spots: 2 | EER: 3.0 |
| Unimproved Value: 459,000 (2024) | UV Price Ratio: 61.61% |
| Sales Method: $740,000+ | Recommend Purchase Price: 745000 |
| Rates Residential: 2,778* | Land Tax Residential: 4,804* |
| Property Link: https://www.allhomes.com.au/89-chippindall-circuit-theodore-act-2905 | Marketing Agent: David Stokes |
| Date Added: 26/03/25 |
Photos:
Block Details
| Block Size: 777 sqm | Block Type: Large Block |
| Zoning: RZ1: SUBURBAN | Frontage Approx: |
| Precinct Code: 89 Chippindall Circuit, Theodore ACT 2905 Precinct Code Download | Heritage: N/A |
| Planning Assessment Report: PAR - 89 Chippindall Circuit, Theodore ACT 2905 |
Suburb information
| Median house price: 825000 | Median house rent: 590 |
| Suburb highest price: 850000 | Rental vacancy rate: 0.14 |
| Medium household income (Census 2021): $2,588 | Income to rent ratio: 23% |
| Download Suburb Profile: Profile - March 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $745,000 | Estimated Stamp Duty: $21,984 |
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $766,984 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-272 | Approx Turnkey Build Cost inc GST: $223,957 |
| Downloadable Brochure: Design Brochure - 272 | Download Proposal: PAP - 89 Chippindall Circuit, Theodore ACT 2905 |
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: $260,866 | Potential Combined Gross Rental Annual Income: $58,500 |
| Potential Gross % Return: 5.8% |
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605