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ACT › Ngunnawal › Gelane St

12 Gelane St, Ngunnawal ACT 2913

For saleHouse for Sale

$840,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

380 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $840,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $840,000(Listing record · 16 Apr 2026)
  • CalculationAsk is 2% above the Ngunnawal median recorded sale ($825,000, n=68, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ngunnawal's advertised median rent ($450/wk), implied gross yield would be 2.79% — 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

$840,000

Asking · $2,211/m² of land

No recorded sale for this property.

Ngunnawal at a glance

11,188

People

$825,000

Median sale

$450/wk

Median rent

2.84%

Suburb gross yield

Median sale from 68 recorded sales (last 12 months) — a Districts calculation.

See the full Ngunnawal report →

Vs Ngunnawal

+1.8%

Median sale

Suburb $825,000

-0.05 pp

Gross yield

Suburb 2.84%

Suburb median $825,000 from 68 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$840,000
Stamp Duty (Australian Capital Territory)
$27,510
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
$871,706

$31,706 on top of the price (3.8% 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 Ngunnawal's advertised median rent — not a rent for this listing.

Net yield
1.29%
Annual cashflow (pre-tax)
$-32,880
Interest cover (DSCR)
0.25
Annual rent
$23,400
Operating expenses
$12,600
Loan amount
$672,000
Annual interest
$43,680
Gross yield
2.79%

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$840,000available16 Apr 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 2.8%. 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

Ngunnawal in one glance

Ngunnawal at a glance

11,188

People

$825,000

Median sale

$450/wk

Median rent

2.84%

Suburb gross yield

Median sale from 68 recorded sales (last 12 months) — a Districts calculation.

See the full Ngunnawal report →

Keep researching

  • Why Ngunnawal? Read the area thesis →
  • What else is on the market in Ngunnawal →
  • Other records on Gelane St →

Listing material

Listed by Stone Real Estate Gungahlin

VIA APPOINTMENT ONLY

Set in one of Ngunnawal's most established and leafy streets, this well-presented single-storey home has been thoughtfully upgraded throughout and delivers generous living, excellent outdoor space, and a layout that works effortlessly for everyday family life.

The home opens into a light-filled formal lounge that flows naturally into the dining area. The family and meals zone sits at the rear, a sunny and welcoming space with direct access to the covered deck and pergola. The kitchen overlooks it all, well-appointed with generous bench space, ample storage, gas cooking, and a practical layout suited to both daily meals and weekend entertaining.

Three bedrooms are privately positioned away from the main living areas. The master bedroom is generously sized with a built-in robe, automated blinds, and a renovated ensuite. The two additional bedrooms are well-sized with built-in robes and are serviced by a skylit main bathroom with bathtub and separate shower, complemented by a separate toilet for everyday convenience.

Read the full description

The covered deck and pergola are where this home truly delivers. Expansive, sheltered, and recently upgraded with new deck covers and laser lighting, it is a year-round entertaining space equally suited to family gatherings, weekend barbecues, or quiet afternoons outdoors.

A generous backyard with new turf and Colorbond fencing frames the space, while a garden shed and multiple parking options including a carport and drive-through access complete the outdoor offering.

Recent improvements including new blinds, freshly painted deck, and a newly installed electric hot water system mean this home is ready to enjoy from day one.

Close to Ngunnawal Primary, Gold Creek School, local parks, and the Platypus Centre, with Casey Market Town and Gungahlin Town Centre just minutes away, this is a location that delivers suburban ease with genuine community around it.

Features Overview:

- Single-storey floorplan

- Close distance to local parks and walking trails, Ngunnawal Primary, Gold Creek School, Amaroo Village, and Gungahlin Town Centre

- NBN connected with FTTP

- Age: 31 years (built in 1995)

- EER (Energy Efficiency Rating): 2.5 stars

Sizes (Approx):

- Internal living: 120.75 sqm

- Pergola and deck: 16.05 sqm

- Porch: 3.97 sqm

- Carport: 24.48 sqm

- Total residence: 165.25 sqm

- Block size: 380 sqm

Inside:

- Spacious master bedroom with a built-in robe, renovated ensuite, and automated blinds

- Two additional well-sized bedrooms with built-in robes

- Main bathroom with bathtub and separate shower

- Separate toilet for added convenience

- Spacious formal lounge and dining at the front of the home with great separation

- Family and meals area with direct access to the pergola and deck

- Highly-functional kitchen with excellent bench space, ample storage, quality appliances, and gas cooking

- Ducted gas heating

- 1x Reverse cycle split system in the living room

- Skylights in bathrooms, bringing in natural light throughout the day

- Newly installed electric hot water system

- New blinds to the front of the house

- Full-sized laundry with external access and additional storage

Outside:

- Expansive covered pergola and deck, ideal for outdoor dining and entertaining

- Generous backyard with plenty of room for kids, pets, and gatherings

- Ample parking options, including a single carport, drive-through parking space, driveway parking, and off-street parking.

- Garden storage shed for added practicality

- Recently upgraded throughout, featuring new turf, Colorbond fencing, deck covers, and deck laser lighting

- Secure front gate entry

- Close to parks, walking trails, and everyday local amenities

Prices:

- Rates: $691.63 per quarter

- Land Tax (Investors only): $1,193.00 per quarter

- Currently on a fixed term lease until 16 July 2027 at $680 per week

Construction Information:

- Flooring: Timber bearers and joists

- External Walls: Brick veneer

- Roof Framing: Timber: Truss roof framing

- Roof Cladding: Concrete roof tiles

- Window Glazing: Single glazed windows

Ngunnawal is a well-established and family-friendly suburb in Canberra's Gungahlin region, valued for its welcoming community, leafy surroundings, and rich cultural heritage. The suburb reflects its Indigenous roots through thoughtfully named streets derived from Aboriginal language, while local landmarks such as Violet's Park honour respected Ngunnawal elders and celebrate community connection.

Families enjoy a relaxed lifestyle with plenty of green space, including Hill Reserve's walking trails and the much-loved Girrawah Park, home to the iconic giant goanna playground. With convenient local amenities at the Platypus Centre, Ngunnawal Primary School located within the suburb, and a strong neighbourhood feel, Ngunnawal offers a lifestyle that blends history, nature, and everyday convenience in a truly connected setting.

Inspections:

We are opening the home most Saturdays with mid-week inspections. However, if you would like a review outside of these times, please email us on: jesssmith@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 disclaim 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 Shaye Davies, 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.