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ACT › Turner › Northbourne Ave

117/77 Northbourne Ave, Turner ACT 2612

For saleApartment

$650,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $650,000(Listing record · 7 May 2026)
  • CalculationAsk is 55% below the Turner median recorded sale ($1,435,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Turner's advertised median rent ($480/wk), implied gross yield would be 3.84% — 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

$650,000

Asking

No recorded sale for this property.

Turner at a glance

4,894

People

$1,435,000

Median sale

$480/wk

Median rent

1.74%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Turner report →

Vs Turner

-54.7%

Median sale

Suburb $1,435,000

+2.10 pp

Gross yield

Suburb 1.74%

Suburb median $1,435,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$650,000
Stamp Duty (Australian Capital Territory)
$17,880
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
$672,076

$22,076 on top of the price (3.4% 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 Turner's advertised median rent — not a rent for this listing.

Net yield
2.34%
Annual cashflow (pre-tax)
$-18,590
Interest cover (DSCR)
0.45
Annual rent
$24,960
Operating expenses
$9,750
Loan amount
$520,000
Annual interest
$33,800
Gross yield
3.84%

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$650,000available7 May 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 $480/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 3.8%. 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

Turner in one glance

Turner at a glance

4,894

People

$1,435,000

Median sale

$480/wk

Median rent

1.74%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Turner report →

Keep researching

  • Why Turner? Read the area thesis →
  • What else is on the market in Turner →
  • Other records on Northbourne Ave →

Listing material

Listed by LJ Hooker Kippax

Inner-City Living Without Compromise

FIND.

Positioned within the sought-after 'The Avenue' complex, this spacious split-level apartment offers a rare combination of size, functionality and inner-city convenience. Located on level five, the home enjoys an elevated position with generous proportions and a well-considered layout that separates living from accommodation. With modern updates throughout and access to excellent communal amenities, this is an outstanding opportunity for professionals, investors or those seeking a low-maintenance lifestyle close to the CBD.

LOVE.

Read the full description

Set across a unique split-level design, the apartment offers both space and flexibility rarely found in apartment living. The open plan living, dining and kitchen area forms the heart of the home, enhanced by hybrid timber-look flooring and a seamless flow to a private balcony, perfect for relaxing or entertaining.

The renovated kitchen features induction cooking, modern finishes and ample storage, making it as practical as it is stylish. A dedicated study nook adds further versatility, ideal for working from home.

Upstairs, two well-proportioned bedrooms both include built-in robes, with the main bedroom enjoying its own private balcony. Two bathrooms, a European laundry, and split system heating and cooling ensure everyday comfort and convenience, while brand new carpet adds a fresh and inviting feel.

LIVE.

The apartment includes tandem parking for two cars plus a storage shed, offering rare practicality for a property of this kind. Residents of The Avenue also enjoy access to communal amenities including two swimming pools, adding to the lifestyle appeal.

Positioned along Northbourne Avenue, you're just moments from the Canberra CBD, light rail, cafes, restaurants and local amenities. Whether you're commuting, dining out or enjoying everything the city has to offer, this location places it all within easy reach.

ABOUT THE AREA

Local Transport:

? Light rail access along Northbourne Avenue

? Easy access to major arterial roads and CBD

Shopping & Dining:

? Canberra CBD

? Braddon dining precinct

? Dickson shops and restaurants

Schools:

? Australian National University

? Merici College

? Turner School

WHAT THE OWNER LOVES

"The wonderful upgraded kitchen enables me to provide an excellent home cooked feast for multiple friends. Being able to venture forth to Lonsdale Street for a late night beverage after said feast has facilitated in completing many excellent evenings."

OVERVIEW

? Two-bedroom with built-in robes

? Two bathrooms

? Open plan living, dining and kitchen

? Renovated kitchen with induction cooking

? Study nook

? European laundry

? Brand new carpet

? Hybrid timber-look flooring

? Two balconies (main bedroom and living area)

? Split system heating and cooling

? Tandem two-car parking

? Storage shed (approx. 1.5m x 1.5m)

? Located on level 5

? Access to two communal pools within complex

RATES / SIZE

Living Size: 91sqm approx.

Body Corporate: $1,689 p.q approx.

Special Levy: $1,458 p.q approx.

Rates: $2,215p.a approx.

Land Tax: $2,682p.a approx.

EER: 6.0

Year Built: 2005

Disclaimer:

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Listing description written by LJ Hooker Kippax, LJ Hooker Kippax — 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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