Potential Gross Return: 7.34%
Address: 144 Belconnen Way, Scullin ACT 2614
Block-Size: 1111 sqm
Block: 39
Section: 45
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 2
Garaging/Car Spots: 2
EER: 1.0
Unimproved Value (2022): $464,000 (2022)
UV Price Ratio: 58.00%
Sales Method: Private Treaty
Recommend Purchase Price: $800,000
Rates Residential 2022: $2,583*
Land Tax Residential 2022: $3,805*
Property Link: https://www.allhomes.com.au/144-belconnen-way-scullin-act-2614
Marketing Agent: Jason Roses and Elizabeth Da Pozzo
Date Added: 28/10/2022
Block Details:
Block Size: 1111 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 144 Belconnen Way, Scullin ACT 2614 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 144 Belconnen Way, Scullin ACT 2614
Suburb Information:
Median House Price (2022): $880,000
Median House Rent (2022): $650
Suburb Highest Price (2022): $1,386,500
Rental Vacancy Rate (2022): 0.39%
Medium Household Income (Census 2021): $2,025
Income to Rent Ratio: 32%
Download Suburb Profile: Scullin Profile - October 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $800,000
Estimated Stamp Duty: $28,150
Approx Legal and Building Report Costs: $3000
Total Purchase Investment: $828,150
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-420
Approx Turnkey Build Cost inc GST: $340,000
Downloadable Brochure: Design Brochure 420
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $650
Potential Gross Weekly Rental Income of Recommended Design: $1,000
Potential Combined Gross Weekly Income: $1,650
Potential Combined Gross Annual Income: $85,800
Financial Summary:
Total Purchase and Build Investment: $1168150
Potential Combined Gross Rental Annual Income: $85,800
Potential Gross % Return: 7.34%
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