Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
ACT › Narrabundah › Gymea St
$888,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
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
Asking
$888,000
Asking
No recorded sale for this property.
Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Narrabundah
-39.2%
Median sale
Suburb $1,460,000
+1.01 pp
Gross yield
Suburb 1.57%
Suburb median $1,460,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$34,538 on top of the price (3.9% extra)
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.
Pre-filled with Narrabundah's advertised median rent — not a rent for this listing.
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.
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 $440/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.
Gross yield if leased at the suburb aggregate is 2.6%. 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
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
Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Archer CanberraPositioned in one of Canberra's most tightly held Inner South suburbs, this exceptional 465m² parcel of land presents a rare opportunity to secure the ideal site for your dream home or luxury knock-down rebuild.
Set within a quiet loop street and backing directly onto a tranquil nature reserve, this is a location that perfectly balances privacy, convenience and lifestyle. With only one adjoining neighbour and a desirable north-east rear aspect, the block offers outstanding potential to create a light-filled, energy-efficient residence designed for modern living.
The existing three-bedroom home provides immediate holding income or a straightforward blank canvas for those ready to build. Flat and easy to develop, the generous 15.3m frontage and 30.5m depth provide flexibility for a wide range of contemporary architectural designs (subject to approvals).
Enjoy the very best of Narrabundah just moments from your doorstep. Walk to the popular Narrabundah Shops for cafés and everyday conveniences, browse the renowned Fyshwick Fresh Food Markets, or take advantage of nearby parklands, nature trails, quality schools and easy access to the Parliamentary Triangle, Manuka, Kingston and Canberra City.
Whether you're building your forever home or securing premium Inner South land in an established neighbourhood, opportunities like this are becoming increasingly rare.
Property Highlights
• Unimproved value:$700,000 (2025)
• Premium 465m² block in sought-after Narrabundah
• Ideal knock-down and rebuild opportunity
• Flat block with an easy building envelope
• Approx. 15.3m frontage x 30.5m depth
• Quiet loop street with minimal through traffic
• Directly backing a peaceful nature reserve
• Only one adjoining neighbour
• Desirable north-east rear orientation
• Existing vacant three-bedroom home
• Walking distance to Narrabundah Shops
• Walking distance to Fyshwick Fresh Food Markets
• Minutes to Manuka, Kingston, Griffith, the Parliamentary Triangle and Canberra CBD
• Rare opportunity to create a bespoke home in one of Canberra's premier Inner South locations.
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 Sohail Awan, Archer Canberra — reproduced as published, not verified by Districts.