Potential Gross Return: 5.87%
Address: 4 Lovegrove Place, Kambah ACT 2902
Block-Size: 780 sqm
Block: 4
Section: 425
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 3.4
Unimproved Value (2022): $500,000 (2022)
UV Price Ratio: 66.67%
Sales Method: $765,000 (Private Treaty)
Recommend Purchase Price: $750,000
Rates Residential 2022: $2,697*
Land Tax Residential 2022: $4,051*
Property Link: https://www.allhomes.com.au/4-lovegrove-place-kambah-act-2902
Marketing Agent: Steve Thomas
Date Added: 30/01/2023
Block Details:
Block Size: 780 sqm
Block Type: Large Block
Zoning: RZ2: SUBURBAN CORE
Frontage Approx:
Precinct Code: 4 Lovegrove Place, Kambah ACT 2902 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 4 Lovegrove Place, Kambah ACT 2902
Suburb Information:
Median House Price (2022): $875,000
Median House Rent (2022): $685
Suburb Highest Price (2022): $1,700,000
Rental Vacancy Rate (2022): 0.38%
Medium Household Income (Census 2021): $2,206
Income to Rent Ratio: 31%
Download Suburb Profile: Kambah Profile - January 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $750,000
Estimated Stamp Duty: $25,200
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $775,200
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-160
Approx Turnkey Build Cost inc GST: $220,000
Downloadable Brochure: Design Brochure - 160
Download Proposal: PAP - 4 Lovegrove Place, Kambah ACT 2902
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $525
Potential Combined Gross Weekly Income: $1,125
Potential Combined Gross Annual Income: $58,500
Financial Summary:
Total Purchase and Build Investment: $995200
Potential Combined Gross Rental Annual Income: $58,500
Potential Gross % Return: 5.87%
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