Potential Gross Return: 4.72%
Address: 10 Vidal Place, Richardson ACT 2905
Block-Size: 926 sqm
Block: 18
Section: 475
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots:
EER: 5.0
Unimproved Value (2022): $460,000 (2022)
UV Price Ratio: 54.12%
Sales Method: Private Treaty
Recommend Purchase Price: $850,000
Rates Residential 2022: $2,589*
Land Tax Residential 2022: $3,819*
Property Link: https://www.allhomes.com.au/10-vidal-place-richardson-act-2905
Marketing Agent: Zac Morris
Date Added: 12/09/2022
Block Details:
Block Size: 926 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 10 Vidal Place, Richardson ACT 2905 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 10 Vidal Place, Richardson ACT 2905
Suburb Information:
Median House Price (2022): $827,500
Median House Rent (2022): $620
Suburb Highest Price (2022): $1,150,000
Rental Vacancy Rate (2022): 0.25%
Medium Household Income (Census 2021): $2,043
Income to Rent Ratio: 30%
Download Suburb Profile: Richardson Profile - September 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $850,000
Estimated Stamp Duty: $31,100
Approx Legal and Building Report Costs: $3000
Total Purchase Investment: $881,100
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-152
Approx Turnkey Build Cost inc GST: $220,000
Downloadable Brochure: Design Brochure 152
Download Proposal: PAP - 10 Vidal Place, Richardson ACT 2905
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $550
Potential Gross Weekly Rental Income of Recommended Design: $450
Potential Combined Gross Weekly Income: $1,000
Potential Combined Gross Annual Income: $52,000
Financial Summary:
Total Purchase and Build Investment: $1101100
Potential Combined Gross Rental Annual Income: $52,000
Potential Gross % Return: 4.72%
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