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ACT › Wanniassa › Michie St

31 Michie St, Wanniassa ACT 2903

House

$835,000

Last sold

3 June 2023

3

Bedrooms

1

Bathrooms

1

Car spaces

653 m²

Land

111 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $835,000 (3 June 2023).(Recorded sale)
  • CalculationLand 653 m² against a 111 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Wanniassa (last 5 years) with land size: median $1,105/m² of land (n=106). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$835,000

3 June 2023 · derived via latest_sale

Local land rate: recorded House sales in Wanniassa (last 5 years) with land size have a median of $1,105/m² of land (n=106). Districts calculation from recorded sales — not a valuation.

Wanniassa at a glance

7,741

People

$940,000

Median sale

$400/wk

Median rent

2.21%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Wanniassa report →

Vs Wanniassa

-11.2%

Median sale

Suburb $940,000

+0.28 pp

Gross yield

Suburb 2.21%

Suburb median $940,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$835,0003 June 2023
  2. Listedprice unknowncompleted9 May 2023

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 $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.

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

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

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

Wanniassa in one glance

Wanniassa at a glance

7,741

People

$940,000

Median sale

$400/wk

Median rent

2.21%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Wanniassa report →

Keep researching

  • Why Wanniassa? Read the area thesis →
  • What else is on the market in Wanniassa →
  • Other records on Michie St →

Listing material

Listed by McCann Properties

Timeless family home

Perfectly situated in a quiet loop street in popular Wanniassa, this conveniently located three-bedroom home is located just moments from schools, shops, public transport and nature parks. Offering the perfect balance of space and openness it is no wonder the current owners have called it their family home for almost two decades. Perfectly suited for all life stages, it will appeal to a young couple and stand the test of time as you raise your family and settle down into your golden years.

The home has been meticulously maintained over the years and comes to the market with fresh updates including new carpet and hybrid flooring. As you enter, you are welcomed into an open entrance way that leads through the spacious lounge room through to the open plan kitchen and dining area.

As always, the kitchen is the heart of the home with many great memories to be made while entertaining loved ones, catching up over the breakfast bar and teaching your kids to cook. Here, you will find quality appliances including a gas cooktop and an electric oven plus plenty of storage.

Read the full description

The home boasts a cool colour scheme that will effortlessly pair with any furnishings making it a breeze to decorate and make your own. There are plenty of great inclusions to enjoy such as ducted gas heating, evaporative cooling and an impressive 6.6kw solar system with 18 panels to help offset your energy costs so that you can heat and cool your home efficiently.

The simplified floorplan sees the three bedrooms located together including a spacious master bedroom. Two of the three rooms include built in robes and each features new carpet and updated curtains. The bathroom provides a crisp, white design with floor to ceiling tiles, a shower, vanity and toilet. A second, separate toilet is provided creating a bonus that you will be thankful for each time you have guests or are navigating the busy morning rush.

Outside, the home makes the most of the generous approx. 653sqm block with an expansive, fully enclosed backyard. The dining room conveniently provides direct access outside to the paved entertaining area, that is covered for all weather use.

The garden is minimalistic in design with level lawn space and low maintenance plantings ideal for those seeking space but yet may be time poor. For those with a green thumb, there are some basics in place including garden beds and a shed, creating a virtual blank canvas for a garden lover to develop further and make their own.

• Three-bedroom home in convenient location

• Open plan kitchen dining area, separate lounge room

• Three bedrooms, updated bathroom plus second toilet

• Neutral décor, new carpet and hybrid flooring

• Ducted heating, evaporative cooling, gas wall furnace

• Paved entertaining area, large, fully fenced backyard

• Single carport with roller door, 6.6kw solar system

• Quiet loop street, close to schools, shops, bus stops

The information contained above is believed to be correct at time of advertising however, we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.

Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.