Macgregor at a glance
6,975
People
$835,000
Median sale
$464/wk
Median rent
2.89%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
ACT › Macgregor › Brownless St
$799,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
721 m²
Land
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
$799,000
Asking · $1,108/m² of land
No recorded sale for this property.
Macgregor at a glance
6,975
People
$835,000
Median sale
$464/wk
Median rent
2.89%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Macgregor
-4.3%
Median sale
Suburb $835,000
+0.13 pp
Gross yield
Suburb 2.89%
Suburb median $835,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$29,287 on top of the price (3.7% 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 Macgregor'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 $464/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 3.0%. 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
UnknownArea
Macgregor at a glance
6,975
People
$835,000
Median sale
$464/wk
Median rent
2.89%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Confidence Real EstatePositioned on a highly sought after RZ2 zoned block in the heart of McGregor, 24 Brownless Street presents an outstanding opportunity for homeowners, investors, and developers alike. Combining a tastefully renovated residence with exceptional future development potential, this is a property that delivers immediate rental income while offering exciting possibilities for the future.
Currently tenanted, the home has been thoughtfully updated throughout, providing comfortable modern living with a functional floor plan and stylish finishes. Whether you're looking to landbank, renovate further, redevelop (subject to ACT approvals) or simply enjoy a quality investment, this property offers flexibility that is increasingly hard to find.
Conveniently located within walking distance to local schools, shops, parks, public transport and everyday amenities, you'll enjoy the ease of living in one of Belconnen's most established and family friendly suburbs.
Property Features
- RZ2 zoned block with outstanding development potential (STCA)
- Tastefully renovated throughout
- Currently tenanted, offering immediate rental return
- Functional family friendly floor plan
- Light filled living and dining areas
- Well appointed kitchen with ample storage
- Three generous bedrooms
- Spacious backyard
- Excellent opportunity for investors, developers and owner-occupiers
- Close to schools, local shopping centres, parks, public transport, and all essential amenities
- Easy access to Belconnen Town Centre and Canberra CBD
Property Details
Land: 721 sqm
House size: 191 sqm
Whether you're seeking your next investment, a future development site, or a renovated home in a premium location, 24 Brownless Street, McGregor is an opportunity not to be missed. Secure a property with immediate income today and exceptional potential for tomorrow.
All figures are approximate
For further details, please contact Alvin Nappilly on 0426146118 OR Zeta Zervos on 0494155157
Disclaimer: Confidence Real Estate and the vendor cannot warrant the accuracy on the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally modified, styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent 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 Alvin Nappilly, Confidence Real Estate — reproduced as published, not verified by Districts.
Nearby 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.