Weetangera at a glance
2,879
People
$1,370,000
Median sale
$490/wk
Median rent
1.86%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
ACT › Weetangera › Shumack St
4
Bedrooms
2
Bathrooms
2
Car spaces
1,416 m²
Land
189 m²
Building
Districts View
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Weetangera (last 5 years) with land size have a median of $1,236/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Weetangera at a glance
2,879
People
$1,370,000
Median sale
$490/wk
Median rent
1.86%
Suburb gross yield
Median sale from 5 recorded sales (last 12 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 $490/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.
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
UnknownArea
Weetangera at a glance
2,879
People
$1,370,000
Median sale
$490/wk
Median rent
1.86%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CanberraPlan for your future with this well-maintained, updated home in a quiet, convenient location close to schools and shops. Occupying a landscaped 1,416m2 (approx.) block, this home offers spacious family living inside and out with the added bonus of redevelopment potential.
The floorplan provides an abundance of room for the family to spread out with a large formal lounge and dining area, a combined family room and kitchen area, and a separate flexible rumpus room/office/media room/sunroom. Accommodation comprises four bedrooms with built-in robes - the large main bedroom with a private ensuite, a fully-tiled family bathroom with bath and shower, and a separate toilet.
Beautifully presented and well maintained, the kitchen, bathroom, ensuite, and laundry were all updated in 2015, so you have absolutely no work to do but move in and start enjoying your new home. Features include a modern stone-topped kitchen with breakfast bar, plenty of storage and stainless-steel appliances, ducted gas heating, plus Daikin inverter reverse cycle air conditioning, large floor-to-ceiling windows to let in the light, broadband, Foxtel, and two 9,000 litre (approx) gravity-fed water tanks for the gardens.
The huge yard has ample room for kids and pets to play, veggie gardens, and space to put in a pool with room to spare. The extra large artificial turf makes it ultra-low-maintenance, so you can spend your Sunday mornings enjoying a long brunch on the concrete terrace or large raised deck instead of mowing the lawn.
There's plenty of parking for family and guests, with a single lock-up garage with remote and internal access, an extra-height carport with drive-through access to the yard and room to fit a van or caravan, plus a gravelled area for off-street parking for additional vehicles.
Tucked well back from the wide road behind established gardens, this home is just moment's walk to busses, Weetangera shops, and playing fields. Only one street to cross to get to Weetangera Primary School and Weetangera Pre-School. Kids can walk to St Matthews Catholic Primary School via underpass without having to cross a single street. Walking distance to Hawker shops and Belconnen High School. Nearby arterial roads provide easy access to Westfield and Belconnen town Centre, Canberra City, and surrounds.
Situated in an RZ2 core area and with a block size of 1,416m2 (approx.), this property offers a range of exciting options. Potential options include:
* enjoy as is,
* build a second dwelling, or redevelop
* knock down the existing home and start over and build 2, or 3, or 4 new dwellings.
The Lease variation fee to permit up to 4 dwellings has already been paid (currently, the lease variation fee is around $40,000 per unit), and new lease has been issued. The current lease permits UP TO 4 dwellings. Government fees and charges rarely ever decrease, so whether you choose to build one, two, three or four units either now or later, the lease variation fee being already paid is a great bonus towards your future options. One of a very small number of undeveloped RZ2 blocks over 1400m2 remaining in Weetangera.
This lovely home offers spacious, comfortable living in a quiet, convenient location with lots of future potential for the buyer with a vision.
Features -
? Spacious, updated home on a large block
? 4 bedrooms with BIR + 2 bathrooms + WC
? Formal lounge & dining + family room + sunroom
? Modern galley kitchen, breakfast bar, dishwasher
? Ducted gas heating, s/s air-con, broadband, Foxtel
? Concrete terrace + balcony + private front verandah
? Large, fully fenced yard with extra large low-maintenance turf pitch
? Crimsafe entry, keyed window locks on all windows.
? Neat, established gardens + 2 x 9,000ltr (approx) water tanks
? SLUG with internal access + high carport with rear yard access + additional off-street parking for multiple vehicles.
? Walk to schools, parks, shops, bakeries, restaurants and transport
? Walk to Weetangera Primary School, Weetangera Pre-School, St Matthews Primary School, and Belconnen High School.
? Minutes drive to Belconnen Westfield and town centre, the newly redeveloped Belconnen Food Markets, University of Canberra, Radford College, Canberra Institute of Technology, 2 x Hospitals, Australian Institute of Sport, and Bruce Stadium
? Nearby arterial roads provide easy connectivity to other town centres, the city and Australian National University.
? RZ2 zoning, paid lease variation for 4 dwellings with further options
? Large home, liveable as is, huge block, redevelopment potential
? Must be sold.
Listing description written by Treston Bamber, Ray White Canberra — reproduced as published, not verified by Districts.
Nearby 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.