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ACT › Parkes › Constitution Ave

245/44 Constitution Ave, Parkes ACT 2600

For saleApartment

$4,350,000

For sale

Asking

5

Bedrooms

4

Bathrooms

4

Car spaces

346 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $4,350,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $4,350,000(Listing record · 16 July 2026)

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

$4,350,000

Asking · $12,572/m² of land

No recorded sale for this property.

Parkes at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Parkes report →

Total cost to purchase

Purchase Price
$4,350,000
Stamp Duty (Australian Capital Territory)
$197,490
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
$4,551,686

$201,686 on top of the price (4.6% 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

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

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$4,350,000available16 July 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?

No advertised rent and no suburb rent aggregate are loaded. No comparable official bond series. Listing figures only, labelled low confidence.

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.

0 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

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. No comparable official bond series. Listing figures only, labelled low confidence.

  • 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

Parkes in one glance

Parkes at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Parkes report →

Keep researching

  • Why Parkes? Read the area thesis →
  • What else is on the market in Parkes →
  • Other records on Constitution Ave →

Listing material

Listed by LJ Hooker Canberra City

Canberra�s Ultimate Penthouse - Residence 245, The Griffin

This is a unique opportunity to purchase a bespoke single level penthouse featuring an abundance of space with 5 bedrooms, 4 bathrooms, and multiple living areas spread over 278sqm of internal living and 86sqm of external balconies, taking in the iconic views across Lake Burley Griffin to Australia's national institutions.

Upon entering this magnificent home, you will be greeted by the hardwood Tasmanian Oak herringbone flooring, combining beautifully with the custom walnut joinery featured throughout which combined the vision of the Owners with award winning interior design firm, Dept. of Design, together these elements create a highly layered, deeply personal interior that feels unique to both the home and its location.

The penthouse provides multiple options for formal and informal living and dining, along with a segregated multipurpose room. The lavish 2.7-metre-high ceilings and walls of floor to ceiling double glazed windows enhance the sense of space while bathing the apartment in natural sunlight and spectacular views across Lake Burley Griffin to the nation's cultural icons.

Read the full description

The executive kitchen, with a custom stone bench top, combines beautiful craftsmanship with practical design and features a generous walk-in pantry. Fully integrated Sub-Zero fridge-freezers with top of the range Gaggenau & Miele cooking appliances ensure that your creature comforts are attended to, whilst catering to all of your entertaining needs for family and friends.

The opulent ensuites and bathrooms are graceful in design showcasing premium fixtures and under floor heating elevating the level of comfort. The generously sized main bedroom suite includes a spectacular walk-in wardrobe with another feature marble benchtop and views across the lake.

The Griffin offers outstanding amenities onsite including a health and wellness centre with 25m indoor lap pool, steam and sauna rooms, separate weights and cardio gyms, onsite Concierge and a highlight is the direct pedestrian access to the lake, expanding your backyard in just moments.

If ever a home could epitomise a sophisticated urban retreat, this penthouse is it.

Features:

- Winner of the Excellence Award 2023, from Master Builders A.C.T.

- 4 Basement Car Spaces with EV charging available & oversized storage cage

- Custom Joinery Throughout

- Executive Kitchen with Butlers Pantry

- Miele Dishwasher, Pyrolytic Oven, Steam Oven, 2 Cooktops

- Sub-Zero Integrated Fridges & Freezers

- Gaggenau BBQ Grill

- Floor to Ceiling Double Glazed Windows

- Fully Ducted Reverse Cycle Heating & Cooling powered by 7 units.

- ERV Ventilation System

- 2 x Qaisair Rangehoods

- 2 x Blum Servo Drive bins

- 25m indoor lap pool, steam room & sauna, separate cardio & weight gyms

- NBN Fibre To The Premises

- Direct Pedestrian & Bicycle Access to Lake Burley Griffin

- Separate Laundry with underfloor heating

Numbers: (all approx.)

Internal Living: 278m2

Balconies: 68m2

Total Internal & External Living: 346m2

Strata Levies: $4821/qtr

Rates: $1214/qtr

EER 6 Stars

For more information or to arrange a viewing, contact Ben Jones on 0420 863 351 or ben.jones@ljhcanberracity.com.au

Disclaimer:

Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Photography Disclaimer: Some images may have been virtually staged to better showcase the true potential of the rooms and spaces in the home. Alternatively, while the property may have been staged for photography, it might be vacant during your inspection.

Listing description written by Ben Jones, LJ Hooker Canberra City — reproduced as published, not verified by Districts.

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.