Macquarie at a glance
3,233
People
$1,000,000
Median sale
$400/wk
Median rent
2.08%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
ACT › Macquarie › Bennelong Cres
3
Bedrooms
1
Bathrooms
1
Car spaces
789 m²
Land
947.611 m²
Building
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 Macquarie (last 5 years) with land size have a median of $1,505/m² of land (n=15). Districts calculation from recorded sales — not a valuation.
Macquarie at a glance
3,233
People
$1,000,000
Median sale
$400/wk
Median rent
2.08%
Suburb gross yield
Median sale from 7 recorded sales (last 24 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 $400/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
Macquarie at a glance
3,233
People
$1,000,000
Median sale
$400/wk
Median rent
2.08%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by LJ Hooker BelconnenWhile the phrase originated in the 1950s as a reference to government spending it has entered the general vocabulary as an effective way of referencing a hidden opportunity. And so, it is here.
Much of the inner north is 10-15 minutes away from the City. If you live at 29 Bennelong Crescent then, according to Google Maps, you are 10 minutes from the ANU and 11 from the edge of the city centre. So why spend your money on the inner north when you can be in a newer home in one of the front suburbs of Belconnen, where you can enjoy a better lifestyle by being closer to a broad range of shops and services and at a substantially lower cost. Crazy right?
What's on offer is a home on an almost 800 sqm block, and while it may be in need of some refreshing, the bones are good. Comprising 3 bedrooms, a large lounge flowing into a combined kitchen & dining, separate laundry and bathroom, and an eclectic range of carpets throughout. While the gardens are established, they do need a little bit of love and attention, but overall, it is a great package that you can move into immediately.
So, over to you to make your own judgment but I suggest you come and have a look as it may be the beginning of a wonderful relationship.
Features & Inclusions
� Eclectic carpets
� Electric upright stove
� Reverse cycle air conditioning to living area
� Garden shed
� Work shed
� Single carport
� Electric hot water service
� Spacious separate laundry
Shops & Services Nearby
� Belconnen Mall
� Canberra International Sports and Aquatic Centre
� North Canberra Hospital
� University of Canberra
� Radford College
� ANU
� Canberra City
� Westfield Belconnen
� Belconnen Markets
� Local Shopping Centres - Cook & Macquarie
� A range of primary schools in the suburb
� Jamison Centre
� Southern Cross Club
Essential Data
Residence Size: 102.3 sqm
EER: 4.5
UCV: $633,000
Block Size: 789 sqm
Rates: $3,680 p.a.
Land Tax: $7,120 p.a.
NBN: Fibre to the Node (FTTN)
Built: Approx 1968
Disclaimer:
All information contained herein is gathered from external 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 and satisfy themselves in all respects.
Listing description written by Michael Wellsmore, LJ Hooker Belconnen — reproduced as published, not verified by Districts.