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ACT › Crace › Lanaba St

37 Lanaba St, Crace ACT 2911

House

$1,158,000

Last sold

12 Oct 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

457 m²

Land

257 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 $1,158,000 (12 Oct 2023).(Recorded sale)
  • CalculationRecorded House sales in Crace (last 5 years) with land size: median $2,931/m² of land (n=56). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,158,000

12 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Crace (last 5 years) with land size have a median of $2,931/m² of land (n=56). Districts calculation from recorded sales — not a valuation.

Crace at a glance

4,821

People

$950,000

Median sale

$460/wk

Median rent

2.52%

Suburb gross yield

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

See the full Crace report →

Vs Crace

+21.9%

Median sale

Suburb $950,000

-0.45 pp

Gross yield

Suburb 2.52%

Suburb median $950,000 from 21 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$1,158,00012 Oct 2023
  2. Listedprice unknowncompleted25 July 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 $460/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

Crace in one glance

Crace at a glance

4,821

People

$950,000

Median sale

$460/wk

Median rent

2.52%

Suburb gross yield

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

See the full Crace report →

Keep researching

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

Listing material

Listed by MARQ Property

Contemporary living and purposefully designed

This exquisite single-story home showcases an impressive blend of style, comfort, and practicality, making it an ideal choice for those who appreciate entertaining. Nestled within one of Gungahlin's most desirable neighbourhood's, offering a convenient and comfortable lifestyle. The intelligent design encompasses three distinct living areas, featuring generous 2.7m ceilings throughout, creating a welcoming and cozy atmosphere. Positioned on a superbly level plot, the property boasts a private and low-maintenance backyard, perfect for a trampoline, along with a spacious covered alfresco. The simply landscaped surroundings enhance the overall appeal of the home. This picturesque location offers the added advantage of being in close proximity to natural bushland, scenic walking trails, parks, and a variety of local amenities, ensuring a delightful living experience. The property is conveniently located only minutes from Crace Shopping Village, lifestyle amenities, and bus links to Gungahlin, Belconnen and the City.

Formal entrance with a timber clad wall and stylish pendant light

Striking façade and all on one level this four-bedroom residence is on a flat block

Read the full description

Modern kitchen with gas cooking, ample bench space, storage, and a walk-in pantry

Cosy formal lounge, open plan kitchen, dining and living area with direct access to covered alfresco

Private rumpus room or playroom for the kids with backyard access

Master bedroom complete with a walk-in-robe, ensuite and wonderful Northern Aspect

Bedrooms 2, 3 and 4 all carpeted with built-in-robes

Main bathroom with walk-in-shower and deep bath-tub

Large laundry with external access, plenty of storage and bench-space

Ducted reverse cycle for heating and cooling with 6 individual zones, plantation shutters, and both double and single glazed windows

Expansive, tiled, covered alfresco with lights and a ceiling fan

Secure, flat and landscaped backyard with retaining wall and plenty of privacy

Secure double car garage, with electric roller door, internal and external access

A short trip to the local mixed-use shops with Supabarn, Club Lime gym, chemist, cafes, pub and health facilities

Ideally located only moments to Belconnen, Gungahlin and the City with a variety of quality private and public schools nearby

Living Size 190sqm, land size 457sqm

Listing description written by Sam Taylor, MARQ Property — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.