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ACT › Denman Prospect › Lex Watson Circuit

40 Lex Watson Circuit, Denman Prospect ACT 2611

House

4

Bedrooms

2

Bathrooms

2

Car spaces

375 m²

Land

214 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationRecorded House sales in Denman Prospect (last 5 years) with land size: median $3,527/m² of land (n=17). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Denman Prospect (last 5 years) with land size have a median of $3,527/m² of land (n=17). Districts calculation from recorded sales — not a valuation.

Denman Prospect at a glance

6,095

People

$1,260,000

Median sale

$498/wk

Median rent

2.06%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Denman Prospect report →

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. Soldprice unknown9 July 2025
  2. Listedprice unknowncompleted12 Feb 2025

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 $498/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

Denman Prospect in one glance

Denman Prospect at a glance

6,095

People

$1,260,000

Median sale

$498/wk

Median rent

2.06%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Denman Prospect report →

Keep researching

  • Why Denman Prospect? Read the area thesis →
  • What else is on the market in Denman Prospect →
  • Other records on Lex Watson Circuit →

Listing material

Listed by Bastion Property Group

Designer living - optional 4th bedroom

Situated in the fresh new Denman Prospect precinct, mere minutes from the local shops and reserves, and with some of Canberra's best arterial access to all points of the compass, uber convenience meets bespoke design in this well-appointed and visually striking family entertainer. Framed by eye catching curves, contemporary tones and abundant natural light, the versatile living includes a large central open plan lounge, dining and kitchen hub perfectly connected to generous alfresco, offering the perfect environ for enviable entertaining, with an additional family room adding even more flexibility to the home. The entertainer's kitchen is a triumph in form and function and keeps the home chef well connected to family and friends whilst enjoying stone benchtops, an eat at island bench, walk in pantry, all electric cooking, striking tiled splashbacks, and plenty of storage behind bespoke cabinetry.

The accommodation is as generous and versatile as the living, headlined by a stunning and private main suite with curved walk-through robe and chic ensuite with unique floor to ceiling tiling and floating stone top timber vanity with twin above bench basins. The main bathroom is finished to the same elegant finish, with the welcome addition of a full-size bathtub, and services the additional bedrooms, all with built in robes. A large internal laundry with great storage and double lock up garage with internal entry round headline a long list of features and design benefits that must be experienced first-hand to truly appreciated, making this designer residence a must to inspect.

- 3 bedrooms, 2 bathrooms, double lock up garage, versatile 4th bed/family room, on 375 sqm of land

Read the full description

- Large open plan living and dining flowing out to central alfresco entertaining + additional family room, also with alfresco access

- Designer kitchen offering stone benchtops, eat at island bench, walk in pantry, all electric cooking, tiled splashbacks, and plenty of storage behind bespoke cabinetry

- Main suite with walk in robe and chic ensuite, offering unique floor to ceiling tiling and floating stone top timber vanity with twin above bench basins + 2 additional bedrooms, both with built ins

- Main bathroom with full size bath tub, chic tiling design, frameless shower, recessed shelving, and floating timber vanity with stone top.

- Large internal laundry with additional storage

- Double remote-control garage with internal access

Whilst all care has been taken to ensure accuracy, the material and information contained are approximate only and no warranty can be given. Bastion Property Group does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Listing description written by Theo Koutsikamanis, Bastion Property Group — 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.