Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
ACT › Garran › Mackaness Pl
3
Bedrooms
2
Bathrooms
1
Car spaces
624 m²
Land
115 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Garran (last 5 years) with land size have a median of $1,649/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
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 $550/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
Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White Canberra** Please note this property will go to auction on Saturday, 17th August 2024 as part of our Winter Wonderland Auction Event held at the Hyatt Hotel Canberra.
The doors will open at 11:30am & this property is scheduled to go to auction from 12:00pm.
Concealed in the corner of a quiet cul de sac and siding greenspace, this rather unique free-standing home is the perfect foothold into the sought-after suburb of Garran. Positioned perfectly between Garran shopping village and the Canberra Hospital precinct, everything is within minutes' walking distance, including the highly regarded and currently expanding Garran Primary School.
Offering 115m2 of sunlit living, the home features extensive open plan living that flows effortlessly out to a sizeable rear yard. The generously proportioned kitchen renovated 7 years ago affords a wealth of storage options and is fitted with an induction cooktop, integrated dishwasher and loads of bench space. Three bedrooms all overlook the garden, the master tucked away at the end of the hall includes an over-sized ensuite. Year-round comfort is ensured via ducted reverse cycle heating and cooling which was replaced in 2019.
The 624m2 RZ2 block is framed by easy care gardens and low maintenance hedges, with direct access from the rear gate to a footpath that connects to all of Garran's key amenities. A secure metal garage and ample off street parking provisions round out what is best described as the perfect entry into the area or an enviable investment opportunity.
Property Features Include:
• Open plan living, dining and kitchen with natural light flooding in
• Brand new hybrid flooring, recently replaced carpets
• Modern kitchen renovated 7 years ago, fitted with induction cooktop, oven, integrated dishwasher and ample bench & storage space
• Master bedroom situated at the end of the hall for maximum privacy fitted with an ensuite
• Two additional bedrooms one fitted with a built-in robe
• Practical bathroom fitted with a shower, bath and separate toilet
• Separate laundry with indoor/outdoor access
• LED lighting throughout
• Private front courtyard
• Low maintenance backyard with manicured gardens throughout
• Separate single garage
• Ducted reverse cycle heating and cooling installed 2019
• Separate title 624m2 RZ2 block adjacent to greenspace
• Living: 115.90sm2
• Block: 624m2
• EER: 0.5
• Rates: $3,653.80pa
• Land Tax: $7,053.60pa (Investors only)
• UV: $584,000 (2024)
• Built: 1973
Close Proximity To:
• Canberra Hospital
• Garran Shopping Village
• Local cafes, restaurants and take away
• Garran Primary School
• Saints Peter and Paul Primary School
• Hughes Primary School
• Canberra College
• Westfield Woden
• Local sporting ovals, playgrounds and nature reserves
• Arterial roads, public transport, foot & bike paths
Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.
Listing description written by Archie Cheeseman, Ray White Canberra — 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.