Potential Gross Return: 5.57%
Address: 34 Wolff Crescent, Latham, ACT 2615
Block-Size: 1077 sqm
Block: 7
Section: 118
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 2
EER: 3.0
Unimproved Value (2022): $465,000 (2022)
UV Price Ratio: 60.00%
Sales Method: Private Treaty
Recommend Purchase Price: $775,000
Rates Residential 2022: $2,688*
Land Tax Residential 2022: $4,032*
Property Link: https://www.realestate.com.au/property-house-act-latham-139753959
Marketing Agent: Stacey Otero and Michael Braddon
Date Added:
Block Details:
Block Size: 1077 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 34 Wolff Crescent, Latham, ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 34 Wolff Crescent, Latham, ACT 2615
Suburb Information:
Median House Price (2022): $835,000
Median House Rent (2022): $650
Suburb Highest Price (2022): $1,200,000
Rental Vacancy Rate (2022): 0.40%
Medium Household Income (Census 2021): $2,125
Income to Rent Ratio: 31%
Download Suburb Profile: Latham Profile - 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $775,000
Estimated Stamp Duty: $26,675
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $801,675
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384
Approx Turnkey Build Cost inc GST: $317,500
Downloadable Brochure: Design Brochure 384
Download Proposal: PAP - 34 Wolff Crescent, Latham, ACT 2615
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $550
Potential Gross Weekly Rental Income of Recommended Design: $650
Potential Combined Gross Weekly Income: $1,200
Potential Combined Gross Annual Income: $62,400
Financial Summary:
Total Purchase and Build Investment: $1119175
Potential Combined Gross Rental Annual Income: $62,400
Potential Gross % Return: 5.57%
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