Potential Gross Return: 5.78%
Address: 50 Bradfield Street, Downer ACT 2602
Block-Size: 1018 sqm
Block: 18
Section: 68
Type: House
House/Building Size: TBC
Bedrooms: 4
Bathrooms: 2
Garaging/Car Spots: 1
EER: 0
Unimproved Value (2022): $1,020,000 (2022)
UV Price Ratio: 97.14%
Sales Method: $1,180,000 (Private Treaty)
Recommend Purchase Price: $1,050,000
Rates Residential 2022: $4,677*
Land Tax Residential 2022: $8,039*
Property Link: https://www.allhomes.com.au/50-bradfield-street-downer-act-2602
Marketing Agent: Craig Bright and Carly Hutch
Date Added: 11/01/2023
Block Details:
Block Size: 1018 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 50 Bradfield Street, Downer ACT 2602 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 50 Bradfield Street, Downer ACT 2602
Suburb Information:
Median House Price (2022): $1,300,000
Median House Rent (2022): $670
Suburb Highest Price (2022): $2,055,000
Rental Vacancy Rate (2022): 1.08%
Medium Household Income (Census 2021): $2,267
Income to Rent Ratio: 30%
Download Suburb Profile: Downer Profile - January 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $1,050,000
Estimated Stamp Duty: $43,150
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $1,093,150
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384
Approx Turnkey Build Cost inc GST: $345,000
Downloadable Brochure: Design Brochure - 384
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $800
Potential Gross Weekly Rental Income of Recommended Design: $800
Potential Combined Gross Weekly Income: $1,600
Potential Combined Gross Annual Income: $83,200
Financial Summary:
Total Purchase and Build Investment: $1438150
Potential Combined Gross Rental Annual Income: $83,200
Potential Gross % Return: 5.78%
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