Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
$2,350,000
Last sold
8 May 2021
5
Bedrooms
2
Bathrooms
6
Car spaces
987 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
$2,350,000
8 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Garran (last 5 years) with land size have a median of $1,649/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Garran
+97.1%
Median sale
Suburb $1,192,500
-1.18 pp
Gross yield
Suburb 2.40%
Suburb median $1,192,500 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
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 $550/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
Garran at a glance
3,740
People
$1,192,500
Median sale
$550/wk
Median rent
2.40%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Belle Property CanberraFit for a king and queen #27 Rusden Street exudes an unwavering street presence, perched on a large corner block in a highly desirable pocket adjacent the blue gums of Red Hill and with commanding views across the Woden Valley.
Designed for grand scale entertaining and large family living, this stylish home offers over 400sqm of resort style living showcased by soaring ceilings, spaciously proportioned living areas and banks of double glazed windows allowing for plenty of natural light throughout.
At the heart of the home is a stunning open plan kitchen boasting quality appliances, oversized island bench and mirror splashbacks complimented by a large butlers pantry with plenty of additional cupboards and storage space.
The impressive master suite is perfectly segregated on the ground floor featuring deluxe ensuite and sleek walk in wardrobe. Three further double bedrooms upstairs, all equipped with built in wardrobes, fantastic views and luxurious main bathroom. The versatile 5th bedroom on the ground floor can be utilised as a nursery, guest room or study.
Effortless indoor/outdoor integration thanks to large stacking doors opening out to an oasis of north facing alfresco entertaining fully equipped with outdoor kitchen, pizza oven and sparkling pool. An additional terrace flows off the living areas, perfect for casual dining and relaxing whilst enjoying the beautiful evening sunsets.
Lush lawn, established gardens and a 6 car garage with plenty of space for the big boys toys and endless storage options complete an amazing package. Convenient to quality schools, The Canberra Hospital, Westfield Woden and the recreational walking tracks of Red Hill, don't miss your chance to secure your piece of the "Garran good life"!
• Constructed 2018
• High ceilings
• Double glazing
• Generous bedrooms
• Ducted reverse cycle air conditioning
• Quality fixtures and fittings
• Alfresco complete with kitchen and pizza oven
• Heated swimming pool
• 6 car garage plus storage options
• Walk to schools and local shops
• Red Hill reserve on doorstep
In accordance with government recommendations, if you are experiencing COVID-19 symptoms, have been in contact with someone who is ill or have travelled recently, we ask that you be respectful of the well-being of others and not attend the open home or auction.
Listing description written by Steve Whitelock, Belle Property Canberra — reproduced as published, not verified by Districts.