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ACT › Reid › Gooreen St

16 Gooreen St, Reid ACT 2612

House

5

Bedrooms

2

Bathrooms

2

Car spaces

1,214 m²

Land

241 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 1,214 m² against a 241 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Reid (last 5 years) with land size: median $2,687/m² of land (n=5). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned RZ1 (RZ1) under the REID.(ACTmapi · 31 Aug 2026)

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. 1No 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Reid (last 5 years) with land size have a median of $2,687/m² of land (n=5). Districts calculation from recorded sales — not a valuation.

Reid at a glance

2,063

People

No data

Median sale

$430/wk

Median rent

No data

Suburb gross yield

See the full Reid report →

Planning

Planning and development

Planning scheme

REID

Zone

RZ1

RZ1

Jurisdiction

Unincorporated ACT

Unincorporated ACT, ACT

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: ACTmapi
  • Dataset: Territory Plan Land Use Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 11090180001

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. Soldprice unknown10 May 2024
  2. Listedprice unknowncompleted7 Apr 2024
  3. Listedprice unknowncompleted7 Apr 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?

Confidence: medium

Zoned RZ1 (REID). Official parcel area about 1,217 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $430/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RZ1 (REID). Official parcel area about 1,217 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

    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?

    Knownmedium

    Official parcel about 1,217 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Reid in one glance

Reid at a glance

2,063

People

No data

Median sale

$430/wk

Median rent

No data

Suburb gross yield

See the full Reid report →

Keep researching

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

Listing material

Listed by Capital Residential Acton

A modernised character home with family sized proportions

**PLEASE NOTE: A CONTRACT WILL NOT BE ISSUED PRIOR TO AN INSPECTION OF THE PROPERTY**

Enjoying a handsome street presence set behind a beautifully manicured hedge periphery and established gardens, the original 1926 cottage has been thoughtfully and seamlessly extended to become a wonderfully modern family home positioned on a 1215 sqm parcel of land.

The home maintains much of its original character including high ceilings, picture rails, sash windows, a fireplace, terracotta roof tiles and full brick construction with stucco rendering.

Read the full description

The striking kitchen is the centerpiece of the home and features a freestanding 900mm oven with a gas cooktop, a large porcelain sink, an elegant mosaic tiled splash back, masses of stone work surfaces including a large breakfast bar, with pendant lighting above and excellent storage. The kitchen includes a fully functioning butler's pantry with an additional oven.

The kitchen separates the opulent formal sitting room at the front of the home, which has a slow combustion fireplace and the large informal living room adjoining the kitchen. The informal living room is spacious and enjoys an abundance of light via the north facing French doors which open directly to the private rear garden.

The accommodation consists of three generous bedrooms and a study in the original wing of the home, which are serviced by a modern renovated bathroom with a separate tub and a semi frameless shower. There is also a separate toilet.

The segregated master bedroom, located in its own wing of the home, is palatial in size and enjoys a northerly aspect and an ensuite bathroom. In this wing also is a versatile study that can double as a bedroom. These rooms enjoy a wonderful relationship with the richly planted garden.

Other modern additions to the home are a 9.9KW roof mounted solar system (28 panels) with a 9KW battery, an enclosed double lock up carport with an automatic door, under floor electric heating throughout the new part of the residence and upgraded electrical wiring. There is also a sparkling saltwater inground pool, with an electric heat pump for extended use throughout the year. In addition, there is exceptional internal and external storage facilities, which include large garden sheds.

Positioned on the doorstep of excellent public transport routes and conveniently located to the fabulous Campbell shops, Campbell Primary and High schools and near C5 Precinct, Russell Offices, Lake Burley Griffin and the CBD, an inspection is highly recommended

Property features:

.1926 vintage (extension 2003)

.Handsome street presence set behind a hedged periphery

.Established gardens

.Formal entrance

.High ceilings

.Fireplace (formal sitting room)

.Picture rails

.Sash windows

.900mm electric oven with a gas cooktop

.Porcelain sink

.Mosaic tiled splashback

.Pendant lights above the breakfast bar

.Butler's Pantry with an additional oven and microwave

.Ducted gas heating in the original part of the home

.Electric in slab heating in the newer part of the home

.Reverse cycle unit in the informal living room

.Main bathroom- 2 ½ years old (approx)

.Freestanding tub

.Semi-frameless glass shower screen

.Heated hand rail

.Separate toilet

.Roof mounted solar system (approx 9.9kw) with a 9kw battery

.Saltwater inground swimming pool with an electric heat pump

.Private rear garden

.Most rooms enjoy a pleasant outlook to the richly planted gardens

.Double lock up carport with an automatic panel lift door

.Excellent storage

Block size:

1,214 sqm

Property size:

241 sqm

Unimproved Land Value: $1,556,000

Rates: $6,824 P.A

Land tax (only if rented): $13,075 P.A

Energy efficiency rating: 3.5

Year of construction: 1926

2003 (Extension)

Comparable sales

Reid

5 Dirrawan Gardens, Reid 25/09/2023 $3,000,000

56 Euree Street, Reid 19/02/2024 $2,800,000

34 Euree Street, Reid 30/09/2023 $2,600,000

6 Gooreen Street, Reid 11/08/2023 $2,500,000

9 Dirrawan Gardens, Reid 16/11/2023 $2,500,000

Campbell

77 Waller Crescent, Campbell 20/05/2023 $2,990,000

22 Godfrey Street, Campbell 04/12/2023 $2,785,000

36 Holmes Crescent, Campbell 19/01/2024 $2,780,000

7 Patey Street, Campbell 10/10/2023 $2,770,000

4 Cobby Street, Campbell 13/05/2023 $2,600,000

Ainslie

12 Canning Street, Ainslie 28/10/2023 $2,750,000

10 Calvert Street, Ainslie 10/11/2023 $2,660,000

190 Duffy Street, Ainslie 22/09/2023 $2,560,000

Listing description written by Cory McPherson, Capital Residential Acton — 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.