Reid at a glance
2,063
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
ACT › Reid › Cooyong St
$369,950
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
77 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
Asking
$369,950
Asking · $4,805/m² of land
No recorded sale for this property.
Reid at a glance
2,063
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
$11,174 on top of the price (3.0% extra)
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.
Pre-filled with Reid's advertised median rent — not a rent for this listing.
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.
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 $430/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.
Gross yield if leased at the suburb aggregate is 6.0%. 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
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
Reid at a glance
2,063
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by RE/MAX CapitalWith a significant price reduction, this is now one of the best-value opportunities in Canberra's CBD. Offering a generous 62m² of living space, a secure parking space and storage, plus a rental return of $490 per week, this apartment represents an outstanding opportunity for both investors and owner-occupiers.
Located directly opposite the Canberra Centre, this modern 1-bedroom apartment combines lifestyle, convenience, and investment performance in one highly sought-after package.
Currently leased and delivering an attractive gross rental yield of approximately 6.8%, it's a ready-made investment with immediate income from day one.
Step inside to discover a spacious bedroom with built-in wardrobes, a stylish modern bathroom, and a private balcony overlooking a peaceful internal courtyard. Everything you need is right at your doorstep, including shopping, restaurants, cafés, entertainment, and public transport.
Why You'll Love It:
Significantly reduced price – exceptional value for money
62m² apartment in a premium CBD location
Currently rented at $490 per week
Approximate gross rental yield of 6.8%
Spacious bedroom with built-in wardrobes
Contemporary bathroom with quality finishes
Private balcony with tranquil courtyard outlook
Secure basement car parking
Additional storage cage
Directly opposite Canberra Centre
Surrounded by Canberra's best dining, shopping, and entertainment
Investors Take Note
Properties offering this combination of location, size, strong rental income, and attractive yield are becoming increasingly difficult to find. With the recent price reduction, this is a genuine opportunity to secure a prime CBD asset at exceptional value.
Be Quick – Opportunities Like This Don't Last
The seller has repositioned the property to meet the market, and buyers looking for outstanding value should act fast.
Contact us today to arrange your inspection before someone else takes advantage of this exceptional opportunity.
All parties should rely on their own enquiries to verify the information provided. While every care has been taken to ensure accuracy, no warranty is given, and no liability will be accepted for any errors or omissions. Each office is independently owned and operated.
Listing description written by John Buckley, RE/MAX Capital — reproduced as published, not verified by Districts.