Potential Gross Return: 5.28%
Address: 11 Burn Street, Downer ACT 2602
Block-Size: 725 sqm
Block: 27
Section: 69
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 2
Garaging/Car Spots: 2
EER: 0
Unimproved Value (2022): $924,000 (2022)
UV Price Ratio: 93.33%
Sales Method: $990,000 (Private Treaty)
Recommend Purchase Price: $990,000
Rates Residential 2022: $4,288*
Land Tax Residential 2022: $7,280*
Property Link: https://www.allhomes.com.au/11-burn-street-downer-act-2602
Marketing Agent: Aniko and Peter Carey
Date Added: 21/03/2023
Block Details:
Block Size: 725 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 11 Burn Street, Downer ACT 2602 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 11 Burn Street, Downer ACT 2602
Suburb Information:
Median House Price (2022): $1,175,000
Median House Rent (2022): $670
Suburb Highest Price (2022): $1,175,000
Rental Vacancy Rate (2022): 1.19%
Medium Household Income (Census 2021): $2,267
Income to Rent Ratio: 30%
Download Suburb Profile: Downer Profile - March 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $990,000
Estimated Stamp Duty: $39,360
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $1,029,360
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-256
Approx Turnkey Build Cost inc GST: $250,000
Downloadable Brochure: Design Brochure - 256
Download Proposal: PAP - 11 Burn Street, Downer ACT 2602
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $700
Potential Gross Weekly Rental Income of Recommended Design: $600
Potential Combined Gross Weekly Income: $1,300
Potential Combined Gross Annual Income: $67,600
Financial Summary:
Total Purchase and Build Investment: $1279360
Potential Combined Gross Rental Annual Income: $67,600
Potential Gross % Return: 5.28%
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