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ACT › O Connor › Hovea St

24B Hovea St, O Connor ACT 2602

For saleHouse

$798,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $798,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $798,000(Listing record · 7 May 2026)
  • CalculationIf it leased at O Connor's advertised median rent ($451/wk), implied gross yield would be 2.94% — 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

$798,000

Asking

No recorded sale for this property.

O Connor at a glance

5,923

People

No data

Median sale

$451/wk

Median rent

No data

Suburb gross yield

See the full O Connor report →

Total cost to purchase

Purchase Price
$798,000
Stamp Duty (Australian Capital Territory)
$25,032
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
$827,228

$29,228 on top of the price (3.7% 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 O Connor's advertised median rent — not a rent for this listing.

Net yield
1.44%
Annual cashflow (pre-tax)
$-30,014
Interest cover (DSCR)
0.28
Annual rent
$23,452
Operating expenses
$11,970
Loan amount
$638,400
Annual interest
$41,496
Gross yield
2.94%

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$798,000available7 May 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 $451/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 2.9%. 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

O Connor in one glance

O Connor at a glance

5,923

People

No data

Median sale

$451/wk

Median rent

No data

Suburb gross yield

See the full O Connor report →

Keep researching

  • Why O Connor? Read the area thesis →
  • What else is on the market in O Connor →
  • Other records on Hovea St →

Listing material

Listed by HOME.BYHOLLY

A real surprise

Tucked away in a private and quiet position!

This relaxing two-bedroom home is privately placed at the rear of a dual occupancy block, accessed via a long driveway, edged on both sides with green hedging. It is a lovely fusion of the past and present, the form embracing all the innovation of the mid-century era - open plan, raked ceilings, timber accents and a wonderful connection to the landscape. It all falls in line with the gorgeous character of O'Connor, its mix of vintage and contemporary builds combined with the grace of age-old trees and the edgy vibrancy of modern, foody and shopping options.

Inside light ceramic floors flow under foot, walls are the painted concordant white, while high ceilings add an airy depth. The windows reach upward from the floor and are framed in golden timber and there is the pleasure of art deco cornices. We love the front door, with its twin sidelights and the pause of the welcoming foyer, its fixed cabinet perfect for putting away shoes, dumping keys and gear.

Read the full description

The living, dining and kitchen is open and conversational, spilling to both the north and west, where decking traverses the home and walls of green hedges provide a leafy outlook. The kitchen is delicately appointed in crisp white, with linear chrome cabinet handles and midnight black worktops. The central island bench is both a focal point, practical workspace and friendly spot to gather. Quality appliances including a dishwasher make life easy so you can focus on time with family and friends. Think an easy merge from inside to out, a relaxed summer lifestyle with long lunches on the sail sheltered deck.

The south-eastern side of the home is given over to two large bedrooms, both with built-in-robes for seamless storage. Bedroom two enjoys direct access to the two-way-family bathroom which can also be accessed via the kitchen. Here a big vanity stretches the full length of the wall serving up the convenience of twin basins. Crisp white tiling coalesces with concordant notes of soft grey and there is a nice connection to an internal laundry that opens onto the garden.

Hovea is a sought-after, leafy street surrounded by green spaces traversed with shared walking and biking trails, shaded by age-old trees. The home is handy to both Lyneham and O'Connor Village shops with their mix of cafes and great places to eat, with a local classic being the famous Tilley's Divine Café and Gallery. The central locale of this beautiful inner north suburb connects you to the dynamic hubs of Dickson and Braddon, while wetlands, parks and reserve deliver a tranquil, natural immersion. The home is handy to a mix of great schools, close to transport and it is just moments to the CBD and ANU.

features.

.beautiful two-bedroom home in leafy O'Connor

.privately placed at the back of a dual-occupancy block

.simple low-lying form

.wonderful orientation

.easy care ceramic flooring with carpet to the bedrooms

.floor-up timber framed windows

.high raked ceilings and art deco cornices

.open plan living, dining and kitchen with high raked ceilings, opening directly to the deck and courtyard garden

.contemporary kitchen with central island, reflective splash back, Bosch oven and cooktop, integrated rangehood and dishwasher from Fisher & Paykel

.RC split system

.access to two-way family bathroom with twin basins and generous vanity storage

.internal laundry with direct garden access

.2 generous sized bedrooms, both with built-in-robes

.bedroom 2 with direct access into the two-way bathroom

.private courtyard garden with decking and sheltering sail

.decking wrapping around the home, edged by green hedging

.Crimsafe screens on all external doors

.semi-enclosed single carport with auto-roller door

.fabulous inner north location close to parks, wetlands, reserve, schools and local shops

.handy to the Dickson and Braddon precincts

.moments from the ANU and the CBD

fine details - all approx.

EER: 2.5

Rates: $993pq approx.

Block size: 300sqm approx.

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 Jenny, Michael And Mark McReynolds, HOME.BYHOLLY — 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.