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.
ACT › Crace › Fairfield St
$646,000
Last sold
16 Jan 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
135 m²
Land
109 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$646,000
16 Jan 2024 · derived via latest_sale
Local land rate: recorded Townhouse sales in Crace (last 5 years) with land size have a median of $3,883/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
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.
Vs Crace
-32.0%
Median sale
Suburb $950,000
+1.18 pp
Gross yield
Suburb 2.52%
Suburb median $950,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $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.
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
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.
Listing material
Listed by Archer CanberraJust steps away from the local shops, parks and restaurants in Crace, one of the most popular suburbs in Gungahlin region, this two-story townhouse boasts abundant natural light, spacious living and outdoor areas. It is a lifestyle property that is ready for the next owner to enjoy!
The ground level features a 2.7m high ceiling with open plan living and dining areas that open up to the front and back gardens. This easy to maintain home features multiple living spaces and a spacious kitchen with ample pantry space and stainless steel appliances. The separate downstairs toilet and powder room is cleverly positioned alongside a full size European-style laundry.
Ascend to the upper level, and you're greeted by a generously-sized main bedroom, complete with a built-in-robe and enchanting mountain vistas. This floor also offers another spacious bedroom and a well-appointed bathroom.
Currently with a $530/week fix term lease to Dec 6th, 2023, this lovely home is a rare opportunity for the down-sizer and first home buyer who seeks easy access to quality amenities, parks and a thriving community. For investors this property offers low maintenance, great returns and a sought after suburb for renters. Contact us for more information and confirm your appointment today!
Features:
• 2.7 High Ceiling at ground level
• Open plan living and dining area
• Easy to maintain front and back yards
• Stainless steel appliance with gas cooking
• Ceiling Fan
• Powder room downstairs
• European-style laundry
• Floating Vanity
• Covered Carport
• Storage Room
• Close to the Crace shopping and restaurant precinct and minutes from Gungahlin Market Place and Belconnen Town Centre
Particulars (all approx.)
Block Size: 135 m2
Living Size 86 m2 + Covered Carport 23 m2
Year Built: 2012
Rent Estimate: $490-530/week
Rates: $550/quarter
Landtax:$520/quarter
Annual contribution: $470/year
EER: 5.0
DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.
Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.
Listing description written by Alex Wang, Archer Canberra — reproduced as published, not verified by Districts.