Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
ACT › Narrabundah › Tungun St
$1,060,000
Last sold
28 Mar 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
464 m²
Land
92 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
$1,060,000
28 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Narrabundah (last 5 years) with land size have a median of $2,148/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Narrabundah
-27.4%
Median sale
Suburb $1,460,000
+0.59 pp
Gross yield
Suburb 1.57%
Suburb median $1,460,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $440/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
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
Narrabundah at a glance
7,191
People
$1,460,000
Median sale
$440/wk
Median rent
1.57%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property CanberraWonderfully positioned in this ever-popular Narrabundah pocket, surrounded by top quality schools, a short walk to the Fyshwick Markets and mere minutes from Narrabundah and Griffith Shops as well as thriving Manuka and Kingston, this beautifully presented home will make you feel immediately welcome and is a must visit.
Newly polished brushbox hardwood floors and fresh neutral tones frame the light and airy open plan living and dining space, sharing great connection with both the kitchen and expansive outdoor entertaining. Renovated and modern in design, the kitchen offers plenty of stone bench space, including breakfast bar, gas hob, Miele oven, plenty of storage and quality cabinetry, inspiring the home chef with a gorgeous garden outlook.
All three bedrooms are a good size, two enjoying built-in robes, with the main looking out to the rose garden, privately screened with large hedges. Freshly tiled, the bathroom features a bathtub, separate shower, and floating vanity, with a separate toilet and large internal laundry adding even more convenience. Outside, the backyard is large and tranquil, with fruit, olive and bay trees complimented by raised garden beds and a producing herb garden, rounding out this well updated tranquil family home that will appeal to home owners looking to immerse themselves into the Inner-South lifestyle.
Narrabundah was one of only five ACT suburbs to make Realestate.com Hot 100 suburbs of Australia for 2023 – highly rated for its location, amenity and investment prospects.
* Three good-sized bedrooms, two with built-in robes, with main looking out to rose garden behind private hedges
* Large open plan living and dining, well connected to kitchen, flowing out to expansive undercover entertaining set amongst a flat level backyard
* Modern renovated kitchen enjoying lots of stone benchtops, including breakfast bar, gas hob, Miele oven, plenty of storage, quality cabinetry, including a step in pantry and green garden outlook
* Newly tiled bathroom with bathtub, separate shower, and floating vanity, as well as convenient separate toilet
* Large internal laundry and single undercover carport
* Level 464sqm of land with established fruit, olive, and bay trees, as well as producing garden beds. The size of the backyard will surprise you
* Ducted gas heating and evaporative cooling throughout the house
* Garden shed as well as a separate enclosed outdoor storage space
* Catchment area for top performing schools, including Telopea Park School and Narrabundah College
Rates: $3,609pa (approx.)
Land Tax: $5,940pa (approx. if rented out)
UCV: $680,000 (2022)
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
Listing description written by Bree Currall, Belle Property Canberra — reproduced as published, not verified by Districts.