Potential Gross Return: 5.7%
Address: 2 Hopwood Place, Kambah ACT 2902
Block-Size: 704 sqm
Block: 5
Section: 228
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 2
EER: 0
Unimproved Value (2022): $541,000 (2022)
UV Price Ratio: 76.20%
Sales Method: Private Treaty
Recommend Purchase Price: $710,000
Rates Residential 2022: $2,914*
Land Tax Residential 2022: $4,522*
Property Link: https://www.allhomes.com.au/2-hopwood-place-kambah-act-2902
Marketing Agent: Mark Larmer and Aaron Lewis
Date Added: 02/01/2023
Block Details:
Block Size: 704 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx: 52.51
Precinct Code: 2 Hopwood Place, Kambah ACT 2902 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 2 Hopwood Place, Kambah ACT 2902
Suburb Information:
Median House Price (2022): $896,250
Median House Rent (2022): $685
Suburb Highest Price (2022): $1,630,000
Rental Vacancy Rate (2022): 0.32%
Medium Household Income (Census 2021): $2,207
Income to Rent Ratio: 31%
Download Suburb Profile: Kambah Profile - December 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $710,000
Estimated Stamp Duty: $23,472
Approx Legal and Building Report Costs: $3000
Total Purchase Investment: $733,472
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124
Approx Turnkey Build Cost inc GST: $200,000
Downloadable Brochure: Design Brochure 124
Download Proposal: PAP - 2 Hopwood Place, Kambah ACT 2902
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $550
Potential Gross Weekly Rental Income of Recommended Design: $475
Potential Combined Gross Weekly Income: $1,025
Potential Combined Gross Annual Income: $53,300
Financial Summary:
Total Purchase and Build Investment: $933472
Potential Combined Gross Rental Annual Income: $53,300
Potential Gross % Return: 5.7%
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