Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
ACT › Monash › Clive Steele Ave
$1,000,000
Last sold
30 Nov 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
794 m²
Land
141 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
$1,000,000
30 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Monash (last 5 years) with land size have a median of $1,206/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Monash
+13.6%
Median sale
Suburb $880,000
-0.32 pp
Gross yield
Suburb 2.66%
Suburb median $880,000 from 9 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 $450/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
Monash at a glance
5,658
People
$880,000
Median sale
$450/wk
Median rent
2.66%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property CanberraOnline Auction https://bpcanberra.com/auctions
Surrounded by beautifully maintained gardens and positioned perfectly between Erindale and Tuggeranong shopping centres, the sought-after commodities of space and versatility present themselves beautifully in this family home, sure to suit a variety of family dynamics.
With multiple living spaces, including an expansive sunken lounge, separate formal dining and family room opening out onto a great sized undercover pergola, there is abundant flexibility for a variety of family dynamics. The cleverly positioned kitchen offers up style and space. With a 6-burner gas hob, 900mm oven, dishwasher, ducted rangehood, generous cupboard space and striking black benchtops, the home chef is well catered for.
The four-bedroom configuration is also versatile, with three generous bedrooms, all with built in robes, as well a huge, separate, and private granny flat style bedroom and ensuite. From a parent's suite, teenager's private bedroom to serene guest accommodation, there are plenty of options for the family.
With access to Mt Taylor, Farrer Ridge and Wanniassa Hill reserves, as well as great arterial access to all of Canberra, it is easy to see why this pocket of Monash is ever growing in popularity.
• Multiple living spaces including separate lounge and dining plus family room
• Private granny flat style bedroom with ensuite perfect for teenagers, guest accommodation or rumpus
• Main bathroom with bath and separate toilet
• Large internal laundry
• Wooden flooring, freshly painted
• Instant Gas hot water
• Ducted heating and cooling throughout
• Double garage plus carport, plenty of off street parking for boats, trailers and caravans
• Close to Erindale and Tuggeranong shopping precincts as well as major arterial roads
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 Dan McAlpine, Belle Property Canberra — reproduced as published, not verified by Districts.