Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
ACT › Garran › Neilson St
$1,135,000
Last sold
21 Oct 2024
3
Bedrooms
2
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
Last sold
$1,135,000
21 Oct 2024 · derived via latest_sale
Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Garran
-4.8%
Median sale
Suburb $1,192,500
+0.12 pp
Gross yield
Suburb 2.40%
Suburb median $1,192,500 from 10 recorded sales (last 24 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 $550/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
Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Blackshaw ManukaSOLD by Christine Shaw, ACT Top Ten Agent Of The Year 2024
We all know homes from the 1960s / 1970s are well-built, and when you add the styling of the retro era that is now so popular, you feel like you have stepped back in time - especially with 22 Neilson. There is also the benefit of a 1977 extension that doubles the size of the home, with expanded 3m ceiling height.
Our stylist loved the owner's furniture and style so much, she kept her treasures as part of styling the home for the sale campaign. Everything you see on site belongs to my lovely client.
The home is completely warm and inviting to move into right away. For those who love to renovate, there is certainly a list of things to do - but this is a diamond worth polishing. For those who are looking at the 846m2 of land so close to everything - yes - my owner understands that could be a possibility.
The floorboards in the original home are exposed for the future owner to see what the possibilities might be. The kitchen has a huge amount of benchspace and storage cupboards, with a side-by-side fridge/freezer capacity. The kitchen has rare Portuguese cork flooring – and in its time of this build, it was incredibly expensive.
The home is certainly an entertainer's home with such a large living area, with the Bar as the hub of activity. The verandah and well-proportioned yard and under-cover carport still allows yet more entertaining outdoors. The master bedroom and bedroom 2 are huge, with bedroom 3 being perfect as a child's bedroom or a study.
When you visit, feel free to vote on whether you think the bar is an Elvis Presley Bar or a Frank Sinatra Bar. In true ACT style, voting results will be announced on Auction Day. (Footnote: With pre-auction exchange, Elvis Presley Bar was the winner.)
For those who like numbers: Having the block number the same as the street address is rare. Block 22 and Street Address 22 have all the 2s adding up to Lucky 8.
Features Include:
Circa 1965/1966 original home with 1977 extension
Exposed timber floorboards in original 1960s home
New carpet and 3m ceilings in 1977 extension
Large living area
Bar area with fridge capacity
Kitchen with double-door fridge/freezer space
Loads of cupboard space with a meals area
Dining Room with skylights
Large master bedroom with dual-door ensuite
Huge amount of robe space and make-up lighting area
Both bathrooms are original
Full height doors in original home
Open double carport with timber ceiling for yet another entertaining area
Privacy roller-door from street for access to carport
Storage shed
Walking distance to Canberra Hospital
Transport options are very close
Excellent public and private schools nearby
Too many shopping opportunities nearby at Westfield
Fantastic local shops and best bakery at Garran Shops
NBN Fibre to the Node (FTTN)
Living 196.79m2
Verandah: 21.27m2
Double Carport: 35m2
EER: 2.5
Land Size: 846m2
Land Value: $868,000 (2024)
Land Rates: $4356 pa
Rent Appraisal: $890pw - $920pw
Land Tax (only payable if rented): $7916 pa
(All figures and measurements are approximate only)
Listing description written by Christine Shaw, Blackshaw Manuka — reproduced as published, not verified by Districts.