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ACT › Palmerston › Mainwaring Rich Circuit

124 Mainwaring Rich Circuit, Palmerston ACT 2913

House

$805,000

Last sold

4 Feb 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

575 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $805,000 (4 Feb 2025).(Recorded sale)
  • FactLand 575 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Palmerston (last 5 years) with land size: median $1,648/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$805,000

4 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in Palmerston (last 5 years) with land size have a median of $1,648/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

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

-15.8%

Median sale

Suburb $956,000

+0.46 pp

Gross yield

Suburb 2.45%

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

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. Sold$805,0004 Feb 2025
  2. Listedprice unknowncompleted10 Dec 2024
  3. Listedprice unknowncompleted10 Dec 2024

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

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

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 Carter and Co Agents Braddon

Comfort and convenience awaits you here

Why You Want To Live Here…

Welcome to 124 Mainwaring Rich Circuit, a charming house located in the desirable suburb of Palmerston. This spacious home offers an ideal blend of comfort and convenience, making it perfect for young families or those seeking a peaceful retreat. With three well-appointed bedrooms, including a master suite featuring an ensuite bathroom and walk-in robe, this property provides ample space for relaxation and privacy. The additional two bedrooms come equipped with built-in robes, ensuring that storage is never an issue.

Set on a generous 575m² block with approximately 146.5m² of living area, this residence boasts an elevated position that enhances its appeal. The open-plan lounge and dining areas create a warm atmosphere for family gatherings while the separate family room adds versatility to your living space. The heart of the home is undoubtedly the generous kitchen which features modern electric cooktops and overlooks the stunning covered outdoor entertaining area-perfect for outdoor dining or simply enjoying serene evenings outdoors.

Read the full description

The property has been freshly painted throughout and includes several recent upgrades. Additional highlights include ducted gas heating for year-round comfort, security doors providing peace of mind, automatic double garage parking with extra off-street options available, two garden sheds for all your storage needs.

Positioned within walking distance to excellent local public and private schools as well as shops ensures you have everything you need right at your doorstep. Convenient access to Gungahlin Marketplace along with public transport links makes commuting easy whether you're heading into Canberra's city centre or exploring Belconnen.

This delightful home truly encapsulates what it means to live in Palmerston-a community-oriented suburb that balances accessibility with tranquillity.

The Features You Want To Know…

+ Three bedrooms (all with built-in robes)

+ Master bedroom includes walk-in robe & ensuite

+ Generous kitchen with electric cooktop

+ Open plan lounge & dining areas plus separate family room

+ Rear pergola ideal for indoor-outdoor lifestyle

+ Automatic double garage

+ Ducted gas heating throughout

+ Freshly painted interior

+ Two garden sheds

+ Low maintenance garden

+ Secuirty alarm system

+ Security doors

The Location…

+ 2 minute walk to local bus stop

+ 11 minute walk to Palmerston District Primary School

+ 12 minutes walk to the Palmerston Local Shops

+ 13 minutes walk to Burgmann Anglican School

+ 4 minutes drive to the Gungahlin Town Centre

The Stats You Need To Know!

+ Land Size: 575m² (approx.)

+ UV: $373,750 (2024)

+ Living: 146.5m² (approx.)

+ Garage: 36m² (approx.)

+ Porch: 3m² (approx.)

+ Pergola: 23.8m² (approx.)

+ Total Build: 209.3m² (approx.)

+ Built: 1993

+ EER: 4.0

+ Rates: $773p.q.(approx.)

Listing description written by Mathew Kocic, Carter and Co Agents Braddon — 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.