Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

ACT › Crace › Errol St

13 Errol St, Crace ACT 2911

For saleTerrace for Sale

$648,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

179 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $648,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $648,000(Listing record · 14 May 2026)
  • CalculationAsk is 32% below the Crace median recorded sale ($950,000, n=21, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Crace's advertised median rent ($460/wk), implied gross yield would be 3.69% — 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

$648,000

Asking · $3,620/m² of land

No recorded sale for this property.

Crace at a glance

4,821

People

$950,000

Median sale

$460/wk

Median rent

2.52%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Crace report →

Vs Crace

-31.8%

Median sale

Suburb $950,000

+1.17 pp

Gross yield

Suburb 2.52%

Suburb median $950,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$648,000
Stamp Duty (Australian Capital Territory)
$17,794
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
$669,990

$21,990 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 Crace's advertised median rent — not a rent for this listing.

Net yield
2.19%
Annual cashflow (pre-tax)
$-19,496
Interest cover (DSCR)
0.42
Annual rent
$23,920
Operating expenses
$9,720
Loan amount
$518,400
Annual interest
$33,696
Gross yield
3.69%

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$648,000available13 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 $460/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 3.7%. 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

Crace in one glance

Crace at a glance

4,821

People

$950,000

Median sale

$460/wk

Median rent

2.52%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Crace report →

Keep researching

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

Listing material

Listed by MARQ Property

Convenience, Courtyard & Community

Recent Sales:

14 Fairfield Street, Crace $700,000

25 Stowport Avenue, Crace $706,500

Read the full description

13 Dobikin Street, Crace $710,000

A tidy two-bedroom, two-level townhouse in the heart of one of Gungahlin's most walkable and community-minded suburbs.

Tall ceilings run through the ground floor, giving the open-plan living and dining area a sense of space. The kitchen sits centrally with adequate bench space and storage, and a powder room and laundry complete the ground floor.

Upstairs, two bedrooms with built-in robes share the main bathroom and a study nook.

The living area faces east to a front terrace, with the rear alfresco and yard oriented west. Sunsets over Mt Percival sit in the backdrop from the back of the home, and the low-maintenance yard keeps the focus there rather than on upkeep.

A short walk from the Crace Shopping Village on Hillcrest Street, with Supabarn, a medical centre, Club Lime, and cafes all within easy reach. Hilltop Reserve is around the corner, with 7.5 hectares of parkland, a sculpture trail, and views to the Brindabellas. Buses connect to Gungahlin Town Centre, Belconnen, and the City via Anthony Rolfe Avenue.

• Open-plan living and dining with tall ceilings, east-facing front terrace

• Kitchen with bench storage and pantry

• Powder room downstairs

• Separate laundry

• Two bedrooms upstairs, both with built-in robes

• Study nook on the upper level

• Main bathroom with shower, vanity, and separate toilet

• Split-system air conditioning upstairs and downstairs

• West-facing alfresco and rear yard with views to Mt Percival

• Double carport with internal access

• Community title, no body corporate

• NBN Fibre to the Premises (FTTP)

• Living: 102sqm | Carport: 38sqm | Alfresco: 17sqm

• Land size: 179sqm

• Rates: $627.75pq

• Land Tax: $952.00pq (if rented)

• Community Title: $175pq

• Built: 2010

• Rental appraisal: $610pw

Disclaimer: Whilst all care has been taken to ensure accuracy, the information contained herein is approximate and subject to change. MARQ Property accepts no responsibility for errors or omissions. Interested parties should conduct their own investigations.

Listing description written by Sam Taylor, MARQ Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.