Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
ACT › Monash › Forwood St
$945,000
Last sold
6 Mar 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
880 m²
Land
197 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
$945,000
6 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Monash (last 5 years) with land size have a median of $1,238/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Monash
+7.4%
Median sale
Suburb $880,000
-0.18 pp
Gross yield
Suburb 2.66%
Suburb median $880,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
MONASH
Zone
RZ1
RZ1
Jurisdiction
Unincorporated ACT
Unincorporated ACT, ACT
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
ACTZoned RZ1 (MONASH). Official parcel area about 882 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
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.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RZ1 (MONASH). Official parcel area about 882 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 882 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McCann PropertiesOffering the ultimate Canberra lifestyle this family inspired home has it all, quiet location, close to amenities and a large block with great indoor and outdoor living options. With room for all, the home provides four bedrooms, two bathrooms, a modern kitchen, and a private backyard ready to be enjoyed by the entire family.
Open plan living is highly desired by the modern family for space, light and community amongst family members. Here, you will find the living spaces are open and welcoming with room for all. The kitchen provides great storage, with quality appliances and features granite bench tops and splash backs. The large island bench provides additional storage, a breakfast bar and overlooks the adjoining living space that can be zoned into a living, dining area and family room as you please.
The home is sure to be comfortable year-round with the inclusion of a reverse cycle unit and a faux gas fireplace in the lounge. In addition, the home also includes ducted evaporative cooling for your comfort throughout the warmer months.
The home provides four, good sized bedrooms including a segregated master suite with walk in robe, ceiling fan, and a tidy ensuite that provides a shower, vanity, and toilet. The remaining three bedrooms are located towards the front of the home. Bedrooms two and three include built in robes, and the fourth bedroom could double as a study or home office if preferred. There is easy access through to the family bathroom and a separate toilet and laundry is provided for convenience.
Outside, the backyard provides a perfect oasis with privacy, space, and plenty of established greenery to enjoy. There is direct access from the kitchen to the large covered entertaining area where you can sit, relax, and entertain loved ones with ease. The covered pergola allows this space to be utilised year-round with a stunning, leafy canopy sure to help you unwind. There are plenty of other outdoor spaces to enjoy with a clever combination of decking, paved areas, and level lawn space that kids and pets will love. There is a garden shed and separate workshop for your storage needs and an automated, programable, irrigation system for your convenience.
The home is located in a quiet loop street, with a tidy, low maintenance facade. There is a double enclosed carport with remote doors and parking for additional cars available in the driveway. The local primary school is within walking distance, with easy access to Erindale Shopping Precinct, Tuggeranong Town Centre and stunning Tuggeranong Lake. There are public transport links close by and easy access onto arterial roads for a quick commute into the city.
• Four bedroom, ensuite home on large block in quiet street
• Modern kitchen with open plan living, dining and family area
• Segregated master with walk in robe, ceiling fan and ensuite
• Ducted evaporative cooling, R/C unit and gas fireplace in living
• Multiple entertaining areas including an expansive covered pergola
• Private yard, level lawn, shed, automatic irrigation system
• Double enclosed carport with remote doors, additional off-street parking
• Popular suburb, close to schools, shops, and Tuggeranong Lake
The information contained above is believed to be correct at time of advertising however, we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.
Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.