Griffith at a glance
5,851
People
$2,068,500
Median sale
$462/wk
Median rent
1.16%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
ACT › Griffith › Mcmillan Cres
For sale
For sale
1
Bedrooms
1
Bathrooms
0
Car spaces
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
No recorded sale price for this property yet.
Griffith at a glance
5,851
People
$2,068,500
Median sale
$462/wk
Median rent
1.16%
Suburb gross yield
Median sale from 6 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 $462/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Griffith at a glance
5,851
People
$2,068,500
Median sale
$462/wk
Median rent
1.16%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by One Agency Sandy MorrisMy new owners will love my:
- High-performing investment rental yield of 6.67%
- Proven Airbnb short-stay appeal - perfect for interstate owners
- Light-filled, low-maintenance design with private terrace
- Fully renovated outdoor pool located directly in front of the apartment
- Highly sought-after ground-floor position with direct external access
- Secure, well-maintained complex in the heart of Griffith
- Walking distance to Griffith Shops and Fyshwick Markets
- Stylish kitchen with integrated appliances and excellent functionality
- Extremely low-maintenance, quick and easy to clean - ideal for owner-occupiers or investors
Whether you're looking to replace rent with ownership, enjoy a Canberra base of your own, or secure an apartment that can generate income when not in use, this studio offers a rare blend of convenience, presentation, and profitability. Owning provides long-term stability, control over your living environment, and the ability to build equity-while still retaining strong income potential through short- or long-term leasing. Its proven short-stay appeal, low upkeep, and excellent presentation make it a standout offering in this price bracket.
Step inside 33 McMillian Gardens and you'll find a cleverly designed studio apartment that blends modern style with practical functionality. Recently updated with fresh finishes, new flooring, and integrated kitchen appliances, the apartment is ready for immediate enjoyment or rental.
The open-plan layout flows effortlessly onto a private terrace, ideal for a morning coffee or unwinding after a busy day. With reverse-cycle air conditioning, ample power points including USB ports, and a fully renovated outdoor pool at your doorstep, the apartment delivers comfort, convenience, and effortless living.
Positioned in one of Canberra's most desirable Inner South streets, the apartment is part of a solid, well-maintained 1960s complex. Residents enjoy easy, stress-free parking access with numerous visitor parking spaces. The ground-floor position with direct external access makes coming and going simple, while the leafy surrounds create a peaceful urban retreat.
Located just moments from Manuka and Kingston, as well as Lake Burley Griffin, this studio offers unbeatable convenience. Cafés, restaurants, public transport, and recreational options are all within easy reach, making it perfect for both lifestyle buyers and investors looking for a high-demand location.
Due to the size of the apartment, a specialist financing approach is required - please contact the agent to discuss further.
Sales Specifics:
Rental estimate: $430 - $450 p/w (approx.)
Rates: $641.87 p.q. (approx)
Living size: 25m² (approx.)
Patio area: 9m² (approx.)
Year built: 1960 (approx.)
EER: 6 stars
Body Corp: $612.92 p.q. (approx.)
Disclaimer
My Morris make all efforts to provide correct information on this listing. We cannot accept responsibility and disclaim all liabilities in regards to any errors contained in this advertisement. All parties must inspect and rely on their own investigations to validate the information provided.
Listing description written by Abbey Morris, One Agency Sandy Morris — reproduced as published, not verified by Districts.