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ACT › Kaleen › Neales St

24 Neales St, Kaleen ACT 2617

House

$880,000

Last sold

22 Nov 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

740 m²

Land

116 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 $880,000 (22 Nov 2024).(Recorded sale)
  • CalculationLand 740 m² against a 116 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Kaleen (last 5 years) with land size: median $1,283/m² of land (n=33). 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.
  • FactZoned RZ1 (RZ1) under the KALEEN.(ACTmapi · 31 Aug 2026)

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. 1No 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

$880,000

22 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Kaleen (last 5 years) with land size have a median of $1,283/m² of land (n=33). Districts calculation from recorded sales — not a valuation.

Kaleen at a glance

7,778

People

$989,000

Median sale

$460/wk

Median rent

2.42%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Kaleen report →

Vs Kaleen

-11.0%

Median sale

Suburb $989,000

+0.30 pp

Gross yield

Suburb 2.42%

Suburb median $989,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

KALEEN

Zone

RZ1

RZ1

Jurisdiction

Unincorporated ACT

Unincorporated ACT, ACT

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: ACTmapi
  • Dataset: Territory Plan Land Use Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 55531110012

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$880,00022 Nov 2024
  2. Listedprice unknowncompleted16 Oct 2024
  3. Listedprice unknowncompleted16 Oct 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?

Confidence: medium

Zoned RZ1 (KALEEN). Official parcel area about 742 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $460/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RZ1 (KALEEN). Official parcel area about 742 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 742 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Kaleen in one glance

Kaleen at a glance

7,778

People

$989,000

Median sale

$460/wk

Median rent

2.42%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Kaleen report →

Keep researching

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

Listing material

Listed by Irwin Property

Remarkable potential and prime position

For those searching for that dream block and location, look no further. In this whisper-quiet section of Kaleen, bordered by green reserve and set so close to the local schools and shops, 24 Neales Street ticks all the boxes. This updated, single level home perched on a prime 740 square metre block presents a remarkable opportunity for those wanting to secure their own slice of this popular locale.

THE HOME

A covered formal entry offers a warm welcome to this much loved home. Immediately off the entry, the spacious adjoining living and dining rooms feature large windows bathing the spaces with gorgeous natural light.

Read the full description

The updated kitchen offers excellent bench and storage space, pantry, glass display cabinets and a pleasant outlook to the rear garden. Ideally positioned adjacent to the kitchen the family/meals area is comfortably sized and benefits from direct access to the deck and rear garden.

The three bedrooms are all well sized and are nicely segregated from the living spaces. They're serviced by the updated family bathroom which features a corner bath plus a separate toilet.

Outside you'll find established cottage gardens, a lush lawn, water tank, garden shed, a covered timber deck, vegie patch and a large double garage.

THE LOCATION

The home is set on a level block on a quiet loop street just moments to local playing fields. Surrounding are free standing homes on large blocks, many have been renovated. The local shops are a mere two minute drive away and the main Kaleen shops are only four minutes away, which offers a Coles supermarket, pharmacy, takeaway shop, butcher and café. Also within two minutes are Kaleen High School & Maribyrnong Primary School.

The ever evolving Belconnen CBD offers everything you could want in a modern city centre. There are several schools, Canberra University, Westfield Shopping Centre, restaurants and cafés, and of course lovely Lake Ginninderra with all of its paths, parks and playgrounds to explore.

HIGHLIGHTS

Single level brick & tile home set on level 740m2 block

Whisper quiet loop street close to reserve/playing fields

Updated kitchen with pantry, dishwasher & outlook over rear garden

3 living spaces - living room, dining room & family/meals area

Updated bathroom with corner bath & separate toilet

Fully fences rear garden with side gates

Metal double garage

Covered timber deck

2 water tanks

2 min drive to Kaleen South Shops & 4 mins to Kaleen Plaza

5.5km to Belconnen CBD

6.5km to Dickson restaurant precinct

Built: 1979

Living: 116.2m2

Garage: 43.8m2

Block: 740m2

Zoning: RZ1

Rent appraisal: $620 - $660 per week

Rates: $868 per quarter

EER: 1

All figures are approximate

For further details, please contact Jonathan Irwin by submitting an enquiry form below or calling on 0421 040 082.

Disclaimer: Irwin Property and the vendor cannot warrant the accuracy of 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 styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.

Listing description written by Jonathan Irwin, Irwin Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Toilets: 1
  • Water Tank
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.