Forrest at a glance
2,012
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
ACT › Forrest › Furneaux St
3
Bedrooms
2
Bathrooms
1
Car spaces
1,317 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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Forrest (last 5 years) with land size have a median of $2,374/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Forrest at a glance
2,012
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
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 $570/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
Forrest at a glance
2,012
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by LJ Hooker Canberra CityAuction to be held on Saturday 9th April 2016 at 10:00am, onsite
In the heart of Forrest and just a few meters to the Manuka Village your opportunity has arrived to live in one of Canberras premier locations, on a substantial block giving you the possibility to own The Dream.
This classic piece of Canberras history has been maintained beautifully and still shows off many original features such as the timber sash windows, original doors and picture rails. The kitchen and bathrooms have been modernised to suit todays family needs and the huge block of over 1300sqm will allow for further extension to the home now or in the future.
The feel of the home is very special with fireplaces in both the living and dining rooms, the high ceilings and gorgeous window treatments compliment the classic beauty of the era. The owners did have plans in train for a significant extension and pool to utilise this huge flat block, this opportunity could now be yours.
With Manuka Village at your doorstep, the Manuka oval undergoing a major redevelopment in the near future, impeccable schools close by and easy access to the Parliamentary triangle, Barton and the City Centre your Inner South lifestyle can begin.
You will not find another block of this size and offering amazing potential for further development this close to Manuka, this is truly a rare opportunity so dont delay inspection or please call me to discuss this wonderful piece of Canberra history.
Property Features
-Double brick construction, high ceilings, timber sash windows & picture rails are classic features of this Heritage listed home.
-Large dining & living rooms both feature fireplaces, one gas & the other authentic timber
-Ducted reverse cycle air conditioning throughout.
-The kitchen has had a simple renovation; it has electric cooking, integrated dishwasher & loads of storage with a walk in pantry.
-A single garage plus loads of off street parking
-The studio attached to the garage is original but would be ideal as overflow space for the teens or just a great room to do up & have an additional multi purpose space.
-The home is positioned well on the block giving opportunity to extend the home & create something much larger should you wish
-A private consortium led by AFL club the Greater Western Sydney Giants has proposed an $800 million redevelopment of the Manuka Oval and surrounding precinct.
-Great schools are close by, the Manuka pool is gorgeous on a hot day, the local shops & restaurants will become your local place to hang out on the weekend & catch up with friends & family
-Block size 1317sqm
-Rates$6499.00 per annum
-UV$1,207,000
Listing description written by Kaylene King, LJ Hooker Canberra City — reproduced as published, not verified by Districts.