Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6%

Address: 9 Clubbe Crescent, MacGregor ACT 2615 Block-Size: 861 sqm
Block: 5 Section: 50
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 2 EER: 1.0
Unimproved Value (2022): 488,000 (2024) UV Price Ratio: 65.06%
Sales Method: $730,000-$780,000 Recommend Purchase Price: 750000
Rates Residential 2022: 2,871* Land Tax Residential 2022: 5,059*
Property Link: https://www.realestate.com.au/property-house-act-macgregor-147441788 Marketing Agent: Eoin Ryan-Hicks
Date Added: 02/04/25

Photos:

Block Details

Block Size: 861 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 9 Clubbe Crescent, MacGregor ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 9 Clubbe Crescent, MacGregor ACT 2615

 

Suburb information

Median house price (2022): $788,250 Median house rent (2022): $640
Suburb highest price (2022): $920,000 Rental vacancy rate (2022): 0.63%
Medium household income (Census 2021): $2,344 Income to rent ratio: 27%
Download Suburb Profile: Profile - April 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $750,000 Estimated Stamp Duty: $22,200
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $772,200

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-255 Approx Turnkey Build Cost inc GST: $223,994
Downloadable Brochure: Design Brochure - 255 Download Proposal: PAP - 9 Clubbe Crescent, MacGregor ACT 2615

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $635
Potential Gross Weekly Rental Income of Recommended Design: $550 Potential Combined Gross Weekly Income: $1,185
Potential Combined Gross Annual Income: $61,620

Financial Summary

Total Purchase and Build Investment: $263,160 Potential Combined Gross Rental Annual Income: $61,620
Potential Gross % Return: 6%

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