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ACT › City › London Circuit

109/3 London Circuit, City ACT 2601

For saleUnit

$499,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $499,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $499,000(Listing record · 3 Dec 2025)
  • CalculationIf it leased at City's advertised median rent ($550/wk), implied gross yield would be 5.73% — 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

$499,000

Asking

No recorded sale for this property.

City at a glance

5,361

People

No data

Median sale

$550/wk

Median rent

No data

Suburb gross yield

See the full City report →

Total cost to purchase

Purchase Price
$499,000
Stamp Duty (Australian Capital Territory)
$11,366
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
$514,562

$15,562 on top of the price (3.1% 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 City's advertised median rent — not a rent for this listing.

Net yield
4.23%
Annual cashflow (pre-tax)
$-4,833
Interest cover (DSCR)
0.81
Annual rent
$28,600
Operating expenses
$7,485
Loan amount
$399,200
Annual interest
$25,948
Gross yield
5.73%

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$499,000available3 Dec 2025

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 $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.

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 5.7%. 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

City in one glance

City at a glance

5,361

People

No data

Median sale

$550/wk

Median rent

No data

Suburb gross yield

See the full City report →

Keep researching

  • Why City? Read the area thesis →
  • What else is on the market in City →
  • Other records on London Circuit →

Listing material

Listed by Hayman Partners

A Bright City Retreat With Space, Style and the Best of Canberra at Your Door

This generous one-bedroom apartment brings together space, light and effortless convenience, ideal for those looking to embrace inner-city living. Its 77m² interior, paired with two balconies totalling 22m², gives you room to breathe - whether you're entertaining, working from home or simply enjoying the outlook across the city skyline and toward Black Mountain. The corner position amplifies the sense of openness, with windows wrapping the living areas and drawing in natural light from morning to evening.

Set directly alongside the Acton Arts Precinct and just one block from ANU, The Metropolitan has culture, dining, study and the new Metro link within easy reach. The lobby includes secure access, seating and artwork, while additional amenities include a sauna, gym, BBQ areas and indoor lap pool. The apartment's fresh upgrades, bespoke joinery and a bright open-plan layout tie it all together, creating a home that feels stylish, practical and unmistakably connected to the heart of Canberra.

Property features:

Read the full description

- Corner-position apartment with 77m² of internal space and 22m² of outdoor living across two balconies

- Light-filled aspect with wide city views and outlooks to Black Mountain and Telstra Tower

- Open-plan layout that works well for everyday living or working from home; bespoke built-ins including a bookshelf wall with integrated Hollywood bed, dedicated desk with slide-out drawer and extra storage

- Modern, low-maintenance kitchen with a moveable island bench, neutral finishes and included washer, dryer and dishwasher

- Near-new reverse cycle system for efficient year-round comfort

- Generous bedroom with private balcony access and recently installed carpet

- Single allocated car space

- Two balconies providing flexible outdoor options; unbeatable walkability to ANU, the Acton Arts Precinct, the new Metro stop and key arterial route

EER: 4.0

Living Area: 77m²

Total Balcony Area: 22m²

Rates: $2,267 pa (approx)

Land Tax: $2,724 pa (approx)

Body Corporate: $9,492 approx (for the period 01/09/2025 - 31/08/2026)

Nearby

- The Canberra Centre

- Ainslie Primary School

- Campbell High School

- Merici College

- Australian National University

Listing description written by Brett Hayman, Hayman Partners — reproduced as published, not verified by Districts.

Also look at

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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.