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 › Gilmore Cres
3
Bedrooms
1
Bathrooms
1
Car spaces
774 m²
Land
131 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
UnknownNearby 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.
Area
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 CanberraThis privately built three bedroom home is light-filled and offers generous proportions throughout with beautiful garden and bushland views to the rear. The home is situated at the front of the approximately 775 square metre block, making it ideal for future extension. The kitchen, laundry and toilet have been renovated; however, there is scope to make further improvements and reap the rewards.
The spacious entry foyer leads to the L-shaped living area on the right and the three large bedrooms, the bathroom and separate toilet to the left. Straight ahead you are greeted by a renovated kitchen which is well-placed to supervise children as it overlooks the back garden and adjoining parkland. The stylish kitchen features stone benchtops, European stainless steel appliances, a walk-in pantry and a breakfast bar.
Access to the back garden is via the laundry. The back garden offers a covered entertaining area, mature trees and ample space for the children to play or have a game of backyard cricket. An added bonus is the rear gate to the adjoining parkland which extends the outdoor space even further.
Other features include ducted gas heating, ceiling fans, quality window furnishings and internal storage. Under the home there is a single garage with extra storage .
Don't miss this wonderful opportunity to secure an affordable home just moments from medical facilities, the very popular Garran Primary School, local shops, walking trails and transport. It is also very close to major arterial roads, the Woden shopping precinct and the Parliamentary triangle.
**Please note the home is currently tenanted at $520 per week until 19th December 2018.
Summary of features:
Renovated kitchen with stone benchtops, a new dishwasher, a five burner gas cooktop, an under-bench oven and a walk-in pantry
L-shaped lounge room and dining room
Three generous bedrooms with built-in robes and ceiling fans
Original bathroom with spa bath
Renovated separate toilet
Ducted gas heating
Air-conditioning unit to the living area
Quality window treatments throughout
Large level back garden with a covered entertaining area and direct access to adjoining parkland
Single garage and ample storage under
Moments to the popular Garran Primary School, The Canberra Hospital Precinct, local shops and transport
A short drive to Woden Plaza and the Parliamentary Triangle
Currently tenanted for $520 per week until 19th December 2018
This property will be going to auction on Thursday, 24th May at 6 pm - Bradman Room, Manuka Oval.
Listing description written by Nicky Symon, Ray White Canberra — reproduced as published, not verified by Districts.