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ACT › Ainslie › Sherbrooke St

35 Sherbrooke St, Ainslie ACT 2602

For saleHouse

$53,016

For sale

Asking

4

Bedrooms

2

Bathrooms

1

Car spaces

721 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $53,016 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $53,016(Listing record · 27 Aug 2026)
  • CalculationRecorded House sales in Ainslie (last 5 years) with land size: median $1,984/m² of land (n=37). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 96% below the Ainslie median recorded sale ($1,265,000, n=21, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ainslie's advertised median rent ($367/wk), implied gross yield would be 36.00% — 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

$53,016

Asking · $74/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Ainslie (last 5 years) with land size have a median of $1,984/m² of land (n=37). Districts calculation from recorded sales — not a valuation.

Ainslie at a glance

5,473

People

$1,265,000

Median sale

$367/wk

Median rent

1.51%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ainslie report →

Vs Ainslie

-95.8%

Median sale

Suburb $1,265,000

+34.49 pp

Gross yield

Suburb 1.51%

Suburb median $1,265,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$53,016
Stamp Duty (Australian Capital Territory)
$636
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
$57,848

$4,832 on top of the price (9.1% 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 Ainslie's advertised median rent — not a rent for this listing.

Net yield
34.50%
Annual cashflow (pre-tax)
$15,532
Interest cover (DSCR)
6.63
Annual rent
$19,084
Operating expenses
$795
Loan amount
$42,413
Annual interest
$2,757
Gross yield
36.00%

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$53,016available27 Aug 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 $367/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 36.0%. 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

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

Ainslie in one glance

Ainslie at a glance

5,473

People

$1,265,000

Median sale

$367/wk

Median rent

1.51%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ainslie report →

Keep researching

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

Listing material

Listed by HOME.BYHOLLY

neighbourly

This gorgeous four-bedroom Ainslie cottage is famed for its neighbourly spirit. A simple garden bench inspired a small revolution in Sherbrooke Street. Lovingly positioned just outside the sprawling gardens, the bench became a place for passers-by to sit, rest, gather, and chat. And the idea caught on, inspiring many neighbours to erect their own bench seats in the spirit of local connection and refuge.

Sitting on a big corner block, the home feels intriguing and inviting from the get-go. A myriad of flowering camellias, spring bulbs, and winter roses spill from the garden in colourful playfulness. It all feels in tune with the love extended by Margaret and Mick to their beloved community, their generous deeds awarded with an ACT NHW Good Neighbour Award.

Brimming with potential, space, versatility, and love, the home has an airy sense of connectedness to nature and light. In the centre, the kitchen combined meals feels responsive and generous. Finished in a soothing splash of avocado green, this family hub has room for all and space for a big table. Think robust family hub, easy togetherness, celebrations, and kids doing their homework at the clever in-built study nook. We love the raked ceilings, the big architectural window, the endless storage, and the central island with its warm timber work top.

Read the full description

The front living area swings around to greet the formal dining space. Big windows frame the front garden and welcome lots of lovely light. A gas fireplace is perfect for cooler winter nights. Elegant built-in cabinetry dots the walls, serving up a wonderful combo for storage and display.

There are three additional bedrooms, all with built-in robes, and a family bathroom with a separate toilet. The third bedroom is two-way and opens into the master bedroom, making for a fabulous nursery, home office, or private parental retreat. Think comfy armchairs and walls lined with favourite books.

The master bedroom is sunken and private, with ribbon windows that frame the bed. There is built-in storage as well as an open flow into a dedicated dressing room and beyond to an ensuite bathroom. Ready access to glass sliders allows you to step outside, where a private garden room spills to a high-walled courtyard so you can nature bathe in absolute serenity.

The garden is a journey of discovery, designed for movement, connection, and repose. There are sheltering nooks, sunny decks, shady trees, pretty plantings. A private driveway ushers to a double garage, and there is a myriad of storage and workshop spaces so you can turn your hand to carpentry, ceramics, invention.

Ainslie is a historic, leafy enclave, centrally located within the sought-after inner north. Resting at the foothills of Mt Ainslie, surrounded by green spaces, it has a relaxed village vibe combined with the buzz of the city. The home is a few steps from Ainslie Oval and Majura Sports Field, Ainslie Football club and Angas Street Playground. It is not far to the much loved Ainslie shops for a relaxed pub meal and selection of great cheeses at the IGA. The famous Dickson precinct is close by, and it is not far to Braddon's vibrant scene, extending an array of independent eateries and shops. Close to transport including the light rail, whisking you straight to the CBD and the ANU.

features.

.gorgeous and flexible four-bedroom home in coveted Ainslie

.resting on a large corner block

.quiet street and warm community

.storied history with award winning neighbourly owners

.shared front garden bench

.pretty mature gardens

.private driveway ushering to a double garage

.gated pedestrian access and layered front decking

.sunny front living area with gas fireplace

.formal dining area

.living and dining area with lots of fixed cabinetry/storage

.generous open plan kitchen combined meals with study nook

.kitchen with lots of fabulous storage, raked ceilings, bespoke window and quality appliances including a dishwasher

.sunken master bedroom with built-in-robe, walk-in-dressing room and ensuite bathroom

.bedrooms two and three with built-in-robes

.bedroom four with built-in-robe and two-way access

.family bathroom with bathtub and separate toilet

.internal laundry

.combo of carpet, timber parquetry and ceramic flooring

.ceiling fans

.4 RC split systems

.pull-down ladder and attic storage

.rear access to a garden room with fixed bench and storage

.private rear garden courtyard with high brick walls

.wrap around gardens with a mix of plantings

.multiple storage rooms and workshops

.handy to Majura Sporting Fields, Ainslie Oval and Ainslie Football and Social Club

.close to transport and a variety of schools and colleges

.close to Ainslie shops, Dickson and Braddon precincts, the ANU and the CBD

FINE DETAILS (all approximate):

Land size: 721 m2

Living size: 181 m2 (approx.)

EER: 0.5

Build year: 1958

Rates: $5426.88 pa

UV: $895,000 (2026)

Rental Opinion: $1000 pw

Disclaimer: The information contained in this advertisement is derived from sources we deem reliable. However, we cannot provide any guarantees or warranties regarding the information supplied. Any references to rates, land tax or other statutory charges are indicative only and have been calculated in good faith using publicly available information. Some images may have been virtually styled for marketing and illustrative purposes only. Buyers are encouraged to conduct and rely exclusively on their own enquiries.

Note: From 1 July 2026, Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation may require additional identification, verification and due diligence processes for buyers and sellers involved in property transactions.

Listing description written by Holly Komorowski, HOME.BYHOLLY — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
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.