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ACT › Palmerston › Mainwaring Rich Circuit

108 Mainwaring Rich Circuit, Palmerston ACT 2913

For saleHouse for Sale

$750,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

412 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $750,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $750,000(Listing record · 21 Aug 2026)
  • CalculationAsk is 22% below the Palmerston median recorded sale ($956,000, n=13, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Palmerston's advertised median rent ($450/wk), implied gross yield would be 3.12% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$750,000

Asking · $1,820/m² of land

No recorded sale for this property.

Palmerston at a glance

5,537

People

$956,000

Median sale

$450/wk

Median rent

2.45%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Palmerston report →

Vs Palmerston

-21.5%

Median sale

Suburb $956,000

+0.67 pp

Gross yield

Suburb 2.45%

Suburb median $956,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$750,000
Stamp Duty (Australian Capital Territory)
$22,200
Transfer/Registration Fee
$496
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$776,396

$26,396 on top of the price (3.5% extra)

  • Stamp Duty (Australian Capital Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Palmerston's advertised median rent — not a rent for this listing.

Net yield
1.62%
Annual cashflow (pre-tax)
$-26,850
Interest cover (DSCR)
0.31
Annual rent
$23,400
Operating expenses
$11,250
Loan amount
$600,000
Annual interest
$39,000
Gross yield
3.12%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

  1. Listed$750,000available20 Aug 2026

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 $450/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

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Palmerston in one glance

Palmerston at a glance

5,537

People

$956,000

Median sale

$450/wk

Median rent

2.45%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Palmerston report →

Keep researching

  • Why Palmerston? Read the area thesis →
  • What else is on the market in Palmerston →
  • Other records on Mainwaring Rich Circuit →

Listing material

Listed by Stone Real Estate Gungahlin

Freestanding three bedroom home with grassed backyard

If you've been searching for a freestanding home with a genuine backyard and the opportunity to add your own touches, 108 Mainwaring Rich Circuit deserves your attention.

Positioned on a 412sqm separate title block in the established suburb of Palmerston, this three bedroom home offers a great combination of space, practicality and future potential.

The home features a layout that makes excellent use of the available space. At the heart of the home, the kitchen connects naturally with the dining and family areas, creating a central everyday living space for the household.

Read the full description

There are three bedrooms, including a main bedroom with built in robes, while reverse cycle heating and cooling provides comfort throughout Canberra's changing seasons.

For buyers looking to make a home their own, there is plenty of scope to add your personal style over time. Comfortable as it is, the property also offers the flexibility to introduce your own touches, inside and out, creating a home that can evolve with you.

Outside, the 412sqm block gives you something increasingly sought after: usable backyard space. Access to the rear is available through the carport, while existing storage sheds provide additional room for tools, bikes and outdoor equipment.

Parking is well catered for with a single brick and tile carport, additional hardstand space and further off street parking.

The location completes the package. Gungahlin Town Centre is only a short drive away, while local shops, schools, parks and walking areas are all within easy reach, with convenient connections to the City and other parts of Canberra.

For first home buyers looking to move away from apartment or townhouse living, families wanting their own block, or investors searching for a well located property with scope for future improvement, this is an opportunity with plenty to offer.

Features Overview:

- Freestanding three bedroom home

- Separate title house, no body corporate

- No unapproved structures

- Established Palmerston location

- Suitable for first home buyers, families and investors

- Ideal for families, first home buyers and investors

- Vacant and ready to move in or lease out

- NBN Fibre to the Home connection

- EER (Energy Efficiency Rating): 4.0

- Age: Built in 1992 (approx.)

Inside:

- Three bedrooms, two with built in robes

- Third bedroom ideal as a study or home office

- Spacious front living room with gas heating

- Separate family and meals area

- Kitchen with breakfast bar seating, ample bench space and storage

- Neat and tidy bathroom with separate toilet

- Separate laundry room with linen cupboard

- Gas heating

- Split system heating and cooling in the living area

Outside:

- Large paved outdoor entertaining area

- Established front and rear gardens

- Carport and driveway parking

- Drive through gated access

Sizes (Approx.):

- Living size: 93sqm

- Carport size: 18sqm

- Total size: 111sqm

- Block size: 412sqm

Prices (Approx.):

- Rates: $2930.56 per annum

- Land Tax (Investors only): $5173.60 per annum

- UV: $419,000

Palmerston is a well established and highly regarded suburb in Canberra's north, prized for its elevated blocks, convenient location and community feel. Residents enjoy easy access to the Gungahlin Town Centre, quality schools, local shops and green open spaces. Families appreciate the nearby parks and walking trails, while commuters benefit from quick connections via the Gungahlin Drive Extension and Gundaroo Drive. With peaceful streets and proximity to all amenities, Palmerston continues to be a sought-after choice for both owner occupiers and investors.

Inspections:

Open most Saturdays and mid-week. However, if you would like an inspection outside of these times please email Hugo Mendez at hugomendez@stonerealestate.com.au

Disclaimer:

The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaims 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 Hugo Mendez, Stone Real Estate Gungahlin — reproduced as published, not verified by Districts.

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.