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ACT › Braddon › Lonsdale St

228/24 Lonsdale St, Braddon ACT 2612

For saleApartment

$468,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $468,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $468,000(Listing record · 19 June 2026)
  • CalculationAsk is 74% below the Braddon median recorded sale ($1,830,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Braddon's advertised median rent ($495/wk), implied gross yield would be 5.50% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$468,000

Asking

No recorded sale for this property.

Braddon at a glance

7,489

People

$1,830,000

Median sale

$495/wk

Median rent

1.41%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Braddon report →

Vs Braddon

-74.4%

Median sale

Suburb $1,830,000

+4.09 pp

Gross yield

Suburb 1.41%

Suburb median $1,830,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$468,000
Stamp Duty (Australian Capital Territory)
$10,312
Transfer/Registration Fee
$496
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$482,508

$14,508 on top of the price (3.1% extra)

  • Stamp Duty (Australian Capital Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Braddon's advertised median rent — not a rent for this listing.

Net yield
4.00%
Annual cashflow (pre-tax)
$-5,616
Interest cover (DSCR)
0.77
Annual rent
$25,740
Operating expenses
$7,020
Loan amount
$374,400
Annual interest
$24,336
Gross yield
5.50%

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.

Open the full yield calculator →

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. Listed$468,000available19 June 2026

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 $495/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

Gross yield if leased at the suburb aggregate is 5.5%. 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

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

Braddon in one glance

Braddon at a glance

7,489

People

$1,830,000

Median sale

$495/wk

Median rent

1.41%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Braddon report →

Keep researching

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

Listing material

Listed by HOME.BYHOLLY

abundant and light

This warm-hearted one-bedroom epitomises simple living at its well-connected best. Think a feeling of quiet remove and the anchoring tones of honeyed timber, gallery white. Lonsdale Street unfurls at your feet…great community, buzzing cafés, a feast of great shopping, food, and drink. The home soaks up the horizon and welcomes a continuity of daylight as open-plan living spills to the east. The sheltered balcony extends the lived experience to meet the horizon so you can commune with mountains before heading out into the bright energy of the city.

The apartment is housed on the second floor of Mode 3 and is accessed via a broad plaza and generous private foyer. Mode 3 is a sought-after boutique development known for its central location, elegant proportions, and accessible plans. Slip out for a morning brew at Barrio Collective, lunch with friends at Café June after yoga, take home artisan ceramics from Hive, grab some fresh sourdough from Sonoma…it's all at your doorstep.

Within high concrete ceilings nod to the history of Braddon with its intoxicating mash of old and new. We love the use of stainless steel mesh, the way it floats the downlighting in place, and the juxtaposition of the cool industrial vibe against the use of ample warm timber. The kitchen floats in place all organic and welcoming - stone worktops, finely grained cabinetry. New carpet introduces timeless charcoal grey to the mix and stretches soft underfoot. The whole apartment is imbued with a simplicity that speaks of a well-organised life, allowing you to focus, explore, enjoy.

Read the full description

The bedroom with its generous built-in robe faces east so you can wake to sunrise colouring the horizon. Think coffee in bed on weekend mornings, bathed in warm sunshine. The bathroom is finished in floor-to-ceiling tiling and serves up a concordant industrial vibe. Throw in a generous internal laundry with washing machine and dryer and secure basement parking and your refuge is complete. Head out on the town by day or night, returning to restore within your little haven of light with its gorgeously abundant views.

A famous mix of old and new informs a thriving, eclectic urban culture - a haven for expressive cafés, restaurants, bars, boutiques. Just a few steps from Haig Park, this dynamic, central locale also places you within walking distance to the CBD, ANU, and the New Acton precinct. Dickson, Ainslie and O'Connor shops are all close to hand. Throw in ample green spaces, walking and biking trails, Mt Ainslie reserve, and you have an enviable city/village mix. The home is also close to transport including the light rail and metro city station, connecting you to the whole of Canberra.

features:

.elegant one-bedroom apartment poised above the buzzing Braddon precinct

.part of the popular Mode 3 building

.housed on the second floor

.accessible design

.open plan living, dining, kitchen that flows to a sheltered balcony

.warming eastern orientation and lots of natural light

.views across old Braddon to the mountains

.generous east-facing bedroom with built-in robe

.modern kitchen with stone bench tops, central island, warm timber cabinetry and Bosch appliances including a dishwasher

.European laundry with dryer and washing machine

.bathroom with floor-to-ceiling tiling

.brand new carpet

.RC split system within the bedroom

.RC ducted heating and cooling

.one underground car space plus storage

.secure intercom access

.central locale offering the best that central Canberra and the inner north has to offer

.seeded within a plethora of boutiques, restaurants, bars, gyms, and yoga studios

.easy stroll to Haig Park, home to the Haig Park Markets

.close to transport including the light rail

FINE DETAILS (all approximate):

Living size: 65 m2 (approx.)

Balcony size: 6 m2

EER: 6.0

Build year: 2012

Strata

Admin fund: $876.35 p/q

Sinking fund: $500.65 p/q

Total: $1377.00 p/q

Rates: $552.00 pq

UV: $79,050 (2025)

Number of units in complex: 183

Rental Opinion: $550 to $580 pw

Disclaimer: The information contained in this advertisement is derived from sources we deem reliable. However, we cannot provide any guarantees or warranties regarding the information supplied. Any references to rates, land tax or other statutory charges are indicative only and have been calculated in good faith using publicly available information. Some images may have been virtually styled for marketing and illustrative purposes only. Buyers are encouraged to conduct and rely exclusively on their own enquiries.

Note: From 1 July 2026, Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation may require additional identification, verification and due diligence processes for buyers and sellers involved in property transactions.

Listing description written by Holly Komorowski, HOME.BYHOLLY — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
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.