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.
ACT › Nicholls › Lexcen Ave
$1,425,000
Last sold
29 July 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
718 m²
Land
377 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,425,000
29 July 2025 · derived via latest_sale
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.
Vs Nicholls
+14.0%
Median sale
Suburb $1,250,000
-0.26 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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.
Listing material
Listed by Stone Real Estate GungahlinA WORD FROM OUR SELLER:
"We've loved every season of life spent at 10 Lexcen Avenue. It's a home that has quietly supported us with comfort, space, and light in all the right places.The morning sun fills the home beautifully, and in summer, the natural breezes flow through the front of the house in the late afternoon-meaning cooling is often unnecessary. Still, we installed a new electric air conditioning and heating system in 2022, and it's been incredibly effective year-round. The light was one of the reasons we chose warm colours for the living areas-balancing the brightness from the white kitchen we renovated in 2017.
Upstairs, there are four generously sized bedrooms, each with plenty of room to grow into. Downstairs, the fifth bedroom with its own ensuite has been a flexible space for us-ideal as a guest suite, a quiet study, or even a creative studio. It stays naturally cool in summer, though it doesn't have its own heating in winter.
The home also benefits from two solar systems (one from before we purchased in 2012 and a second 19-panel system added in 2022), helping keep running costs down and energy use efficient. The only gas appliances are the cooktop and hot water system.
We've never been short on storage, with a large indoor storeroom downstairs, spacious cupboards throughout, and a double garage with extra parking for 4–5 more cars on the driveway and side of the house. The outdoor shed has a story of its own-once a smoker and later housing a kiln, it's now cleaned out, sealed, and watertight, still showing some of the character of its past life.
One of our simple joys has been the garden. The peach tree at the rear and the fig, pomegranate, and wild plum along the northern side are still thriving and bear beautiful fruit in season.
This home has been more than just a place to live-it's been a space that's adapted with us, embraced the seasons, and offered calm and comfort every step of the way. We hope it does the same for its next owners."
Features Overview:
- East Facing
- Spilt level home separately titled
- Recently refurbished. Including kitchen renovation
- Close to local schools and shops, Gungahlin Lakes Golf Course and Gold Creek Country Club.
- NBN FTTP
- Age: Built in 1997
- EER (Energy Efficiency Rating): 3 Stars
Sizes (Approx):
- Internal Living: 298.7sqm
- Garage: 47.30sqm
- Storerooms: 31.80sqm
- Total Residence: 377.80sqm
- Block: 718sqm
Prices:
- Rates: $762.25 per quarter
- Land Tax (Investors only): $1383.25 per quarter
- Conservative rental estimate (unfurnished): $990 to $1010 per week
Inside:
- Spacious family home offering three distinct living areas for added flexibility
- Renovated open-plan kitchen featuring quality appliances and generous storage
- Master bedroom complete with private ensuite
- Additional bedrooms all include built-in wardrobes
- Stylish main bathroom with double vanity and bathtub
- A total of three well-appointed bathrooms throughout the home
- Versatile downstairs space - perfect as a teen retreat, guest accommodation, or for multi-generational living
- Ducted vacuum throughout
Outside:
- Expansive covered patio ideal for entertaining year-round
- Dual solar systems: 8 panels installed before 2012 and an additional 19 panels added in 2022
- Generous front balcony seamlessly connects to the living area
- Designed for easy, low-maintenance living
Inspections:
We are opening the home most Saturdays with mid-week inspections. However, If you would like a review outside of these times please email us on: krishellier@stonerealestate.com.au
Please note, the front photo of the house was taken in spring and may not reflect its current appearance due to seasonal changes.
Disclaimer: The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Listing description written by Kris Hellier, Stone Real Estate Gungahlin — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.