Potential Gross Return: 6.2%
Address: 203 Phillip Avenue, Hackett ACT 2602
Block-Size: 694 sqm
Block: 15
Section: 11
Type: House
House/Building Size: TBC
Bedrooms: 4
Bathrooms: 1
Garaging/Car Spots: 1
EER: 1.0
Unimproved Value (2022): $796,000 (2022)
UV Price Ratio: 74.05%
Sales Method: Private Treaty
Recommend Purchase Price: $1,075,000
Rates Residential 2022: $3,935*
Land Tax Residential 2022: $6,589*
Property Link: https://www.allhomes.com.au/203-phillip-avenue-hackett-act-2602
Marketing Agent: Stephen Bunday
Date Added:
Block Details:
Block Size: 694 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 203 Phillip Avenue, Hackett ACT 2602 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 203 Phillip Avenue, Hackett ACT 2602
Suburb Information:
Median House Price (2022): $1,235,000
Median House Rent (2022): $767
Suburb Highest Price (2022): $2,340,001
Rental Vacancy Rate (2022): 0.38%
Medium Household Income (Census 2021): $2,623
Income to Rent Ratio: 29%
Download Suburb Profile: Hackett Profile - 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $1,075,000
Estimated Stamp Duty: $44,750
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $1,119,750
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-262
Approx Turnkey Build Cost inc GST: $235,000
Downloadable Brochure: Design Brochure 262
Download Proposal: PAP - 203 Phillip Avenue, Hackett ACT 2602
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $850
Potential Gross Weekly Rental Income of Recommended Design: $768
Potential Combined Gross Weekly Income: $1,618
Potential Combined Gross Annual Income: $84,110
Financial Summary:
Total Purchase and Build Investment: $1354750
Potential Combined Gross Rental Annual Income: $84,110
Potential Gross % Return: 6.2%
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