Turn Your Backyard Into a Second Income
Turn Your Backyard Into a Second Income - Without Subdividing
Canberra landlords are losing money — even with record-low vacancies and high rents.
Why?
Because land tax and rates are soaring, and the cost of holding an investment property has outpaced rental income.
For many investors, a typical 3-bedroom rental now results in $20,000+ in annual losses — and that’s before factoring in major maintenance or tenant turnover.
If your property sits on a separate title block over 500m², you’re likely sitting on untapped potential.
We’re building high-performing 2-bedroom secondary dwellings for just $260,000 all-inclusive — delivering real cashflow, full tax benefits, and no lease variation fees.
The Reality: Most 3-Bedroom Rentals Are Cashflow Negative
|
Property Profile |
Value |
|---|---|
|
Market Value |
$800,000 |
|
Unimproved Value (UV) |
$555,000 |
|
Block Size |
500m²+ (separate title) |
|
Property Type |
3-bedroom, 1-bathroom home |
|
Loan |
100% debt, interest-only @ 5.5% |
|
Weekly Rent |
$715 |
|
Annual Rental Income |
$37,180 |
Annual Holding Costs – 3-Bedroom Home
|
Expense Category |
Amount (Annual) |
Notes |
|---|---|---|
|
Interest-Only Loan (5.5%) |
$44,000 |
On $800,000 loan |
|
Rates |
$3,125 |
Based on UV $555k |
|
Land Tax |
$5,724 |
ACT investor rate |
|
Property Management (8%) |
$2,974 |
8% of $37,180 rent |
|
Insurance |
$1,200 |
Landlord + building cover |
|
Repairs & Maintenance |
$2,000 |
General upkeep |
|
Total Expenses |
$59,023 |
|
Net Cashflow Position (3-Bedroom Home): –$21,843/year
What Happens When You Build Design 273
Design 273 is one of our most popular 2-bedroom, 1-bathroom secondary dwellings — carefully crafted to unlock the full potential of your Canberra block, with no lease variation required and future subdivision enabled by design.
Key Features of Design 273
- EER 7.5 – Energy efficient and future-proof
- Livable Housing Compliant – Adaptable for long-term use
- Fixed-Price Build – $260,000 all-inclusive (design, approvals, turnkey build) including GST
- Includes Utility Connections – Sewer, water, and electricity connected
- No Subdivision Required – Build without changing title
- No Lease Variation Fee – Dual income without the red tape
- Fully Approved – Planning, utilities, certification included
- Future Subdivision Ready – Positioned and designed to enable future subdivision under ACT rules
- Ready to Rent – Full handover with depreciation schedule
Annual Income – Secondary Dwelling
|
Income Item |
Amount (Annual) |
|---|---|
|
Gross Rental Income (based on $550/week) |
$28,600 |
Annual Expenses – Secondary Dwelling
|
Expense Category |
Amount (Annual) |
Notes |
|---|---|---|
|
Interest (5.5%) |
$14,300 |
On $260,000 loan |
|
Property Management (8%) |
$2,288 |
8% of $28,600 rent |
|
Insurance |
$1,000 |
Landlord + building cover |
|
Repairs (Warranty Allowance) |
$500 |
Lifetime workmanship guarantee |
|
Rates / Land Tax |
$0 |
Covered under main title |
|
Total Expenses |
$18,088 |
|
Net Rental Income Comparison
|
Dwelling |
Net Income (Annual) |
Notes |
|---|---|---|
|
Primary Dwelling |
–$21,843 |
$37,180 income – $59,023 expenses |
|
Secondary Dwelling |
$10,512 |
$28,600 income – $18,088 expenses |
|
Combined Position |
–$11,331 |
Significantly improved cashflow |
|
Plus Depreciation |
+$6,500 |
Non-cash benefit from new dwelling |
Uplift in Equity: Increase the Value of Your Property
Adding Design 273 doesn’t just increase your income — it builds long-term wealth too.
|
Scenario |
Estimated Value |
|---|---|
|
Original Property Value |
$800,000 |
|
Build Cost (Design 273) |
$260,000 |
|
New Property Value (Estimated) |
$1,200,000 |
|
Equity Uplift |
$140,000 |
Dual-income homes on 500m²+ blocks with a UV under $550,000 are now achieving $1.2M+ to $1,500,000 in Canberra’s growing market.
Detached houses in Canberra have grown at an average of 4.9% per year between 2012 and 2022 — even without the benefit of dual income.
At that rate, a $1.2M property today would be worth approximately $1,936,137 in 10 years.
Increase the Value of Your Property With:
- A second income stream on your existing block
- A fixed-price, GST-inclusive build — with no hidden costs
- Full utility connections: sewer, water, electricity
- No lease variation or subdivision required
- A fully approved and rentable dwelling, delivered turnkey
- Smart design that enables future unit-titling and resale flexibility
- Enhanced tax depreciation benefits from a brand-new dwelling
- Long-term growth advantage: 4.9% average annual growth (2012–2022)