Potential Gross Return: 6.32%
Address: 6 Mcilveen Place, Oxley ACT 2903
Block-Size: 712 sqm
Block: 4
Section: 28
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 3.5
Unimproved Value (2022): $500,000 (2022)
UV Price Ratio: 67.66%
Sales Method: $739,000 (Private Treaty)
Recommend Purchase Price: $739,000
Rates Residential 2022: $2,699*
Land Tax Residential 2022: $3,856*
Property Link: https://zango.com.au/sale/6-mcilveen-place-oxley-act-2903-79237/
Marketing Agent: Symon Badenoch and Lucia Marzano
Date Added: 21/06/2023
Block Details:
Block Size: 712 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 6 Mcilveen Place, Oxley ACT 2903 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 6 Mcilveen Place, Oxley ACT 2903
Suburb Information:
Median House Price (2022): $759,000
Median House Rent (2022): $740
Suburb Highest Price (2022): $1,230,000
Rental Vacancy Rate (2022): 0.15%
Medium Household Income (Census 2021): $2,393
Income to Rent Ratio: 31%
Download Suburb Profile: Oxley Profile - June 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $739,000
Estimated Stamp Duty: $24,725
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $763,725
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 - 6 Mcilveen Place, Oxley ACT 290
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $750
Potential Combined Gross Weekly Income: $1,350
Potential Combined Gross Annual Income: $70,200
Financial Summary:
Total Purchase and Build Investment: $1109405.95
Potential Combined Gross Rental Annual Income: $70,200
Potential Gross % Return: 6.32%
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