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ACT › Turner › Northbourne Ave

306/165 Northbourne Ave, Turner ACT 2612

For saleApartment

$799,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $799,000(Listing record · 7 May 2026)
  • CalculationAsk is 44% below the Turner median recorded sale ($1,435,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Turner's advertised median rent ($480/wk), implied gross yield would be 3.12% — 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

$799,000

Asking

No recorded sale for this property.

Turner at a glance

4,894

People

$1,435,000

Median sale

$480/wk

Median rent

1.74%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Turner report →

Vs Turner

-44.3%

Median sale

Suburb $1,435,000

+1.38 pp

Gross yield

Suburb 1.74%

Suburb median $1,435,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$799,000
Stamp Duty (Australian Capital Territory)
$25,091
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
$828,287

$29,287 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 Turner's advertised median rent — not a rent for this listing.

Net yield
1.62%
Annual cashflow (pre-tax)
$-28,573
Interest cover (DSCR)
0.31
Annual rent
$24,960
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
3.12%

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$799,000available7 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 $480/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 3.1%. 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

Turner in one glance

Turner at a glance

4,894

People

$1,435,000

Median sale

$480/wk

Median rent

1.74%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Turner report →

Keep researching

  • Why Turner? Read the area thesis →
  • What else is on the market in Turner →
  • Other records on Northbourne Ave →

Listing material

Listed by Hayman Partners

114m2 of Internal living with Mount Ainslie Views

Positioned within the well-regarded "Space2" residences, this well-appointed apartment delivers a refined inner-city lifestyle in one of Canberra's most accessible locations. Directly set along the light rail corridor and just moments from the CBD, Braddon, and the Australian National University, the residence offers an exceptional blend of urban convenience, connectivity, and low-maintenance living.

Thoughtfully designed, the apartment features a functional open-plan layout that seamlessly connects the living, dining, and kitchen areas in a highly liveable and well-considered configuration. Double-glazed windows allow natural light to flow throughout the interior, while framing an elevated outlook towards Mount Ainslie and the surrounding cityscape. Extending from the living area is a private balcony, offering a relaxed outdoor extension of the home, ideal for both everyday living and quiet retreat.

The kitchen is well-appointed, combining practical design with a clean contemporary finish. It features quality SMEG appliances, streamlined cabinetry, and ample storage, creating a highly functional space that integrates effortlessly with the main living area. Positioned off the living room, a dedicated office space with a built-in desk provides a practical and well-integrated workspace, ideal for working from home or study.

Read the full description

Accommodation is well considered, with each bedroom positioned at opposite ends of the apartment, creating a strong sense of separation and privacy. Both bedrooms feature built-in robes, while the master bedroom includes a private ensuite. The main bathroom is well designed and features modern finishes, as well as a large bath for added comfort.

The "Space2" complex offers a secure and low-maintenance lifestyle in a highly convenient inner-north location. Residents benefit from lift access, secure entry, and well-maintained common areas that reflect the quality and care of the building. Across the road you have access to a light rail stop, offering easy access to the City, Dickson & Gungahlin. Further lifestyle benefit include being a short walk away from the O'Connor shops where you will find popular venues including the Duxton. Education facilities include the nearby Turner Primary School & Lyneham High. For higher education the Australian National University is nearby and easy to access via car, walk or bike.

Features:

- Located on level 3 with an East Facing outlook onto Mount Ainslie

- Leafy outlook over the tree tops of the complex gardens

- Two large bedrooms positioned at opposite ends of the apartment

- Master bedroom with ensuite

- Ducted heating & cooling system

- Stone benchtops & SMEG appliances

- Abundance of internal storage

- Double glazing throughout

- Built-in robes in both bedrooms

- Dedicated study area with built-in desk

- Well sized balcony with views towards Mount Ainslie and the surroundings

- Additional balcony with views towards Black Mountain

- Basement parking with storage cage

- Elevator Access with secure entry

- Smart Hot Water System (installed 2025)

Figures:

Living Area: 114m2

Front Balcony: 21m2

Rear Balcony: 8m2

Body Corp: $2,471pq

EER: 6.0 Stars

Build Year: 2006

Listing description written by Tyran Murphy, Hayman Partners — 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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