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ACT › Nicholls › Kay Pl

1 Kay Pl, Nicholls ACT 2913

House

$1,720,000

Last sold

20 Nov 2024

5

Bedrooms

4

Bathrooms

3

Car spaces

867 m²

Land

366.2 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,720,000 (20 Nov 2024).(Recorded sale)
  • CalculationRecorded House sales in Nicholls (last 5 years) with land size: median $1,762/m² of land (n=71). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,720,000

20 Nov 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Nicholls (last 5 years) with land size have a median of $1,762/m² of land (n=71). Districts calculation from recorded sales — not a valuation.

Nicholls at a glance

6,507

People

$1,250,000

Median sale

$502/wk

Median rent

2.09%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Nicholls report →

Vs Nicholls

+37.6%

Median sale

Suburb $1,250,000

-0.57 pp

Gross yield

Suburb 2.09%

Suburb median $1,250,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202120232024$1.6m$1.72m
  • Sold (recorded)
  1. Sold$1,720,00020 Nov 2024
  2. Listedprice unknowncompleted10 Oct 2024
  3. Listedprice unknowncompleted10 Oct 2024
  4. Sold$1,600,00013 May 2021
  5. Listedprice unknowncompleted27 Apr 2021
  6. Listedprice unknowncompleted27 Apr 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $502/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Nicholls in one glance

Nicholls at a glance

6,507

People

$1,250,000

Median sale

$502/wk

Median rent

2.09%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Nicholls report →

Keep researching

  • Why Nicholls? Read the area thesis →
  • What else is on the market in Nicholls →
  • Other records on Kay Pl →

Listing material

Listed by MARQ Property

Luxurious Lakeside Living

Recently renovated, this impressive home boasts exceptional street presence and enjoys a rare, water-access position in 'Lakeside', one of Nicholls' most exclusive pockets. With multiple expansive living areas, five bedrooms, four bathrooms, including two master suites, this property offers abundant space for the entire family and various entertainment options.

The stunning kitchen, featuring natural stone, custom joinery, and premium German appliances, seamlessly integrates with the open plan living and dining area, with both formal and informal living spaces, including a rumpus room with a pool table.

Two master suites, one on each level. The upstairs master boasts a modern ensuite, water views, and a stunning walk-in-robe with impressive joinery offering a variety of storage options.

Read the full description

The two spacious front and back yards cater to both adults and children, featuring a grassed area, garden bed, and a concreted space ideal for a basketball court, maximising the potential of the commanding 867sqm corner block. A mature hedge surrounds the property on one side, offering privacy and a leafy outlook.

The large triple garage, equipped with two electric roller doors, offers rear yard access, side access, additional storage, and a convenient powder room, making it ideal for car storage, a workshop, or a man cave. Situated in the tightly held Lake Side estate of Nicholls, within close proximity to Gold Creek, Gungahlin Town Centre and in between two Country Clubs.

- Grand formal entrance with double-height pillars, tiled floor, and a stylish solid timber pivot door

- Kitchen featuring waterfall edge 75mm natural stone, large island bench, with breakfast bar seating

- 900mm oven and gas cooktop, quality SMEG appliances, large pantry featuring electronics draw, and ample storage including walk-in-pantry under stairs

- Open plan living and dining area with access to the dual yards front and back

- Generous double door formal lounge, and rumpus room with outdoor access, and pool table

- 4 x person sauna adjoining renovated downstairs bathroom

- Upstairs master suite, large ensuite with double vanity, walk-in-robe, lake views

- Downstairs master-suite/guest retreat, ensuite featuring spa bath, and built-in-robe

- Bedrooms 3, 4 and 5 all oversized, beds 3 and 4 have built in robes

- Upstairs bathroom also renovated with walk-in-shower, heated towel rail, and floor to ceiling tiles

- 2 x separate ducted reverse cycle air-conditioners, digitally operated, phone connectivity, with a total of x8 separate zones

- Security alarm system, internal intercom, 9.99kW solar system with Fronius Inverter

- Large triple automatic garage, internal access, drive through access, storeroom, and powder room

- Premium family home sited in the prestigious 'Lake Side' estate, in a peaceful cul-de-saq position

- 50 metre walk to Gungahlin Pond nature playground with peaceful walking and cycling trails

- Close proximity to Gungahlin Lakes Golf Club & Gold Creek Country Club

- Living Size 295sqm, Garage 59sqm + 8sqm Storeroom, Verandah 29sqm

- Built in 1996 with extensive renovation throughout 2019-20, U.V. $776,000

Listing description written by Sam Taylor, MARQ Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Intercom
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.