Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.8%
| Address: 9 Willis Street, Evatt ACT 2617 | Block-Size: 749 sqm | ||
| Block: 14 | Section: 36 | ||
| Type: House | House/Building Size: TBC | ||
| Bedrooms: 3 | Bathrooms: 3 | ||
| Garaging/Car Spots: 2 | EER: 1.0 | ||
| Unimproved Value (2022): 544,000 (2024) | UV Price Ratio: 68.42% | ||
| Sales Method: $790,000 + | Recommend Purchase Price: 795000 | ||
| Rates Residential 2022: 3,087* | Land Tax Residential 2022: 5,630* | ||
| Property Link: https://www.realestate.com.au/property-house-act-evatt-148006708 | Marketing Agent: Catherene Halloran | ||
| Date Added: 14/05/25 |
Photos:
Block Details
| Block Size: 749 sqm | Block Type: Large Block | ||
| Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
| Precinct Code: 9 Willis Street, Evatt ACT 2617 Precinct Code Download | Heritage: N/A | ||
| Planning Assessment Report: PAR - 9 Willis Street, Evatt ACT 2617 |
Suburb information
| Median house price (2022): $850,000 | Median house rent (2022): $650 | ||
| Suburb highest price (2022): $1,080,000 | Rental vacancy rate (2022): 0.57% | ||
| Medium household income (Census 2021): 2428% | Income to rent ratio: 27% | ||
| Download Suburb Profile: Profile - May 2025 |
Property Purchase Recommendation Summary
| Recommend Purchase Price: $795,000 | Estimated Stamp Duty: $24,855 | ||
| Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $819,855 |
Recommended Secondary Residence
| Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-212 | Approx Turnkey Build Cost inc GST: $207,080 | ||
| Downloadable Brochure: Design Brochure - 212 | Download Proposal: PAP - 9 Willis Street, Evatt ACT 2617 |
Potential Rental Income
| Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $625 | ||
| Potential Gross Weekly Rental Income of Recommended Design: $550 | Potential Combined Gross Weekly Income: $1,175 | ||
| Potential Combined Gross Annual Income: $61,100 |
Financial Summary
| Total Purchase and Build Investment: $248,692 | Potential Combined Gross Rental Annual Income: $61,100 | ||
| Potential Gross % Return: 5.8% |
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Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - info@buyersagentcanberra.com.au
- 0400 446 605