Potential Gross Return: 6.34%
Address: 24 Edlington Street, Fraser ACT 2615
Block-Size: 800 sqm
Block: 14
Section: 59
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 2
Garaging/Car Spots: 2
EER: 1.5
Unimproved Value (2022): $463,000 (2022)
UV Price Ratio: 58.24%
Sales Method: $795,000 (Private Treaty)
Recommend Purchase Price: $795,000
Rates Residential 2022: $2,517*
Land Tax Residential 2022: $3,662*
Property Link: https://www.allhomes.com.au/24-edlington-street-fraser-act-2615
Marketing Agent: Vic Srbinovski
Date Added: 14/06/2023
Block Details:
Block Size: 800 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 24 Edlington Street, Fraser ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 24 Edlington Street, Fraser ACT 2615
Suburb Information:
Median House Price (2022): $880,000
Median House Rent (2022): $670
Suburb Highest Price (2022): $935,000
Rental Vacancy Rate (2022): 0.51%
Medium Household Income (Census 2021): $2,618
Income to Rent Ratio: 26%
Download Suburb Profile: Fraser Profile - June 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $795,000
Estimated Stamp Duty: $27,855
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $822,855
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384
Approx Turnkey Build Cost inc GST: $345,681
Downloadable Brochure: Design Brochure - 384
Download Proposal: PAP - 24 Edlington Street, Fraser ACT 2615
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $675
Potential Gross Weekly Rental Income of Recommended Design: $750
Potential Combined Gross Weekly Income: $1,425
Potential Combined Gross Annual Income: $74,100
Financial Summary:
Total Purchase and Build Investment: $1168536.15
Potential Combined Gross Rental Annual Income: $74,100
Potential Gross % Return: 6.34%
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