Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
ACT › Narrabundah › Tungun St
2
Bedrooms
1
Bathrooms
2
Car spaces
464 m²
Land
70 m²
Building
Districts View
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 Narrabundah (last 5 years) with land size have a median of $2,152/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
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 $440/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
Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Blackshaw ManukaA lovely secure north-facing backyard and covered pergola is a big drawcard of this quaint single-level home which is currently tenanted until 07/2023.
The immaculate kitchen oozes cheerful charm with pops of vintage features that give it soul. Bathed in natural light, banks of white cabinetry, white work surfaces and appliances allow the pristine 1960s splashback tiles to shine.
An adjacent oversized walk-in pantry extends the already extensive storage and a pocket door can conveniently close off the space from the nearby dining and living area.
Two sizeable bedrooms have built-in wardrobes. The larger of the two enjoys a built-in makeup station and its own access to the pergola and rear yard. The bathroom has all the basics covered including a shower over a full-sized bath. The more recent inclusion of a vanity and storage unit along with neutral tiles has kept things fresh.
Pleasingly for a home of this size, there is a double lockable garage with room for a workshop, plus off-street parking for a further two cars. Solar power installed for keeping electricity bills low.
Set in a quiet, walkable location close to Narrabundah College, sports fields, the Fyshwick Markets and the dynamic Narrabundah shops, and just a short drive from Griffith, Manuka and Kingston, there's wonderful potential here for investors, renovators or first-home buyers looking to get into the market.
FEATURES
• Investor or first-home buyer potential
• Walkable, quiet location
• Secure, north-facing rear yard
• Large covered pergola
• Kitchen with electric upright stove, garden views, good storage and walk-in pantry
• Open living and dining
• Double garage with storage or workshop potential
• Two bedrooms, both with built-in wardrobes and one with access to rear yard
Rent: $560.00 per week
Land tax: $5,610.18
Rate: $3417.10
Fixed term lease: till 21/07/2023
Listing description written by Vince Qi, Blackshaw Manuka — reproduced as published, not verified by Districts.