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ACT › Gordon › Merv Waite St

2 Merv Waite St, Gordon ACT 2906

House

$1,180,000

Last sold

11 Feb 2025

4

Bedrooms

4

Bathrooms

4

Car spaces

1,168 m²

Land

232 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,180,000 (11 Feb 2025).(Recorded sale)
  • CalculationLand 1,168 m² against a 232 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Gordon (last 5 years) with land size: median $1,364/m² of land (n=40). 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.

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

What this lot has actually traded at

Last sold

$1,180,000

11 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in Gordon (last 5 years) with land size have a median of $1,364/m² of land (n=40). Districts calculation from recorded sales — not a valuation.

Gordon at a glance

7,785

People

$828,000

Median sale

$420/wk

Median rent

2.64%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Gordon report →

Vs Gordon

+42.5%

Median sale

Suburb $828,000

-0.79 pp

Gross yield

Suburb 2.64%

Suburb median $828,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,180,00011 Feb 2025
  2. Listedprice unknowncompleted12 Dec 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?

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 $420/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.

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

Gordon in one glance

Gordon at a glance

7,785

People

$828,000

Median sale

$420/wk

Median rent

2.64%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Gordon report →

Keep researching

  • Why Gordon? Read the area thesis →
  • What else is on the market in Gordon →
  • Other records on Merv Waite St →

Listing material

Listed by LJ Hooker Tuggeranong

We can't Waite to show you through this home

Built during an era of high-quality construction, federation styling and large residential blocks is this beautiful example in Gordon Stage 1. Set on an enormous 1160m2 corner block, this 4 bedroom, 4 bathroom home is filled with character features such as arched windows, ornate cornices, leadlight glass to the entry and terracotta roof tiles.

The residence is 232m2 of living space plus a 78m2 garage that fits four cars easily or provides plenty of space for a workshop and a couple of cars.

The kitchen overlooks the family room which in turn provides access to the backyard via sliding glass doors. There is a separate dining room and another living space in the form of a formal lounge room. An pitched pergola provides shelter for outdoor entertaining or hosting a BBQ.

Read the full description

The master suite is enormous and features a 3-way ensuite with bath, walk-in robe as well as its own study/nursery or home office. It is completely segregated from the other bedrooms. All the subsequent bedrooms have built-in robes with 2 bedrooms also having an ensuite and the fourth bedroom able to utilize the main bathroom as its own.

This home is perfect for families with teenagers who all need their own bathroom and is a very rare offering in that respect.

The backyard is flat and bordered by established garden beds while the front yard has a wonderful box hedge sweeping in front of the circular driveway. A second driveway provides more off-street parking and access to the enormous garage.

Features:

• 4 bedroom, 4 bathroom, 4 car garage house on 1160m2 corner block

• Dual driveways including extra-long circular driveway

• Lounge, dining and Family room.

• Extra-large master suite with 3-way ensuite, walk-in robe and study/nursery

• BBQ area covered by pergola overlooking grassed backyard

• Established garden beds

• Off-street parking for a caravan, boat or many, many vehicles

• Federation style features

• Very high Energy Efficiency

• 2 x Reverse Cycle split system air-conditioners

• Gas wall furnace heater

Facts:

• Living size 232m2

• Garage 78m2

• Block 1160m2

• EER 4.5

• Concrete slab floor construction

• Truss roof construction with terracotta tiles

Disclaimer:

Please note that while all care has been taken regarding general information and marketing information compiled for this advertisement, LJ HOOKER TUGGERANONG does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. Figures quoted above are approximate values based on available information. We encourage prospective parties to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Listing description written by Sally McCallum, LJ Hooker Tuggeranong — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 3
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.