Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
2
Bathrooms
2
Car spaces
1,123 m²
Land
149.36 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Monash (last 5 years) with land size have a median of $1,221/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
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 $450/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
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Agent Team Canberra**Inspection Information**
Inspections are by appointment only to respect current Air BNB
guest bookings.
Email Agent Team to receive the information package including concept plans and rental figures.
Set on a rare 1124 sqm parcel in one of Monash’s most tightly held streets, 23 Axon Street offers the ideal opportunity for builders and developers looking for their next premium townhouse or multi-residential project (subject to DA).
Preliminary concept plans indicate potential to build four, four-bedroom residences, capitalising on the site’s level topography, wide frontage and RZ2 zoning. This is an exceptional site in a blue-chip location close to schools, transport and the Tuggeranong Town Centre, exactly the kind of land rarely released in this pocket.
While you progress your planning, enjoy the strong short-term returns already being achieved from the existing four-bedroom home, currently operating as a successful Airbnb investment with consistent bookings and impressive yield.
Inside, the home offers open-plan living, polished timber flooring, a designer kitchen with stone benches and quality appliances, and four spacious bedrooms including a master with ensuite. Two driveways, a double garage, secure fencing and established gardens complete the picture.
Property Features:
• Premium chef kitchen with Westinghouse appliances, custom cabinetry, dishwasher, range hood, 5 burner gas cooktop and oven
• NW facing aspect
• Timber flooring
• Sheer and block out curtains
• Downlights
• Coonara Fireplace
• Skylight to second living area
• Samsung ducted split system
• Spacious Laundry with external access
• Sunlit Master bedroom with walk in wardrobe and ensuite
• Bedrooms 2 and 3 with mirrored built in wardrobes
• Carpet to all bedrooms
• Double car garage
• Electric HWS
• Pergola to rear of shed
• Secure Colorbond fencing
• Subfloor storage
• Side gate access with access to internal driveway (perfect for boats or cars)
• Ample off road parking spaces
Property Specification:
Built: 1981
Internal Living: 150 m2
Block: 1124 m2
Rates: $774.90pq approx
Land Tax (if tenanted): $1,372.59pq approx
To receive the Contract for Sale, Building Report and other relevant property documents, please complete the online request form. Documents are delivered to your email within 10 minutes, 24 hours a day, 7 days a week. Please check both your inbox and junk folder.
Under the ACT/NSW property sales process, an accepted offer does not constitute a binding agreement. The property may continue to be marketed, inspected and offered for sale until contracts have been formally exchanged.
Whilst every effort has been made to ensure the accuracy of the information provided, all figures, measurements, descriptions, plans, images and other details are approximate only and should not be relied upon as a representation of fact. Interested parties should make their own enquiries and obtain independent legal, financial and professional advice before making any decisions.
By submitting an enquiry, you consent to Agent Team contacting you regarding this property, similar properties, property market updates, and other real estate services that may be of interest to you. You may unsubscribe from marketing communications at any time. All personal information is collected, stored and handled in accordance with our Privacy Policy, available at agentteam.com.au.
Listing description written by Steve Lowe, Agent Team Canberra — reproduced as published, not verified by Districts.