Watson at a glance
7,554
People
$1,170,000
Median sale
$437/wk
Median rent
1.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
ACT › Watson › Nanango Way
$599,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$599,000
Asking
No recorded sale for this property.
Watson at a glance
7,554
People
$1,170,000
Median sale
$437/wk
Median rent
1.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Watson
-48.8%
Median sale
Suburb $1,170,000
+1.85 pp
Gross yield
Suburb 1.94%
Suburb median $1,170,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$19,873 on top of the price (3.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Watson's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $437/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.
Gross yield if leased at the suburb aggregate is 3.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Watson at a glance
7,554
People
$1,170,000
Median sale
$437/wk
Median rent
1.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker KippaxBrand New Never Lived In
FIND.
Positioned within the highly anticipated N�rrebro development by renowned developer Pier Projects, this brand-new apartment presents an exceptional opportunity to secure a sophisticated home in one of Canberra's most desirable inner north suburbs. Positioned on the second floor, this beautifully finished residence captures stunning views across Black Mountain and the Brindabellas while delivering contemporary comfort, thoughtful design and everyday convenience. Never before occupied, it's ready to simply move in and enjoy.
LOVE.
Designed with effortless living in mind, the intelligently planned floorplan offers two generous bedrooms both with built-in-robes, two beautifully appointed bathrooms and secure parking for two vehicles. The spacious open-plan living and dining area is bathed in natural light and extends seamlessly onto the private, north-east facing balcony, creating the perfect space to unwind or entertain while taking in the breathtaking outlook.
At the heart of the home is a premium kitchen featuring quality finishes and modern appliances, including an integrated dishwasher, electric oven and induction cooktop. Carpet throughout the living areas and bedrooms creates warmth and comfort, while tiled kitchen and bathroom spaces provide a sleek, contemporary finish. Complete with a European laundry and split-system heating and cooling, every detail has been considered to deliver effortless modern living.
LIVE.
Surrounded by beautifully landscaped gardens within the N�rrebro precinct, you'll enjoy a lifestyle that perfectly balances urban convenience with nature. Walk to Watson's popular caf�s, local shops and nearby nature reserves, or explore the extensive walking and cycling trails that make this suburb so highly sought after. With easy access to Canberra's City Centre, Dickson, Braddon and surrounding town centres, commuting is effortless while everything you need remains close to home. Surrounded by nature and the new massive playground across the road.
ABOUT THE AREA
Local Transport
� Easy access to light rail
� Regular bus services nearby
� Quick commute to Canberra City and surrounding town centres
Shopping & Dining
� Watson Shops
� The Knox Caf�
� Dickson Shopping Precinct
� Canberra Centre
Schools
� Watson Primary School
� Rosary Primary School
� Dickson College
� Australian National University
OVERVIEW
� Brand new apartment
� Located within the prestigious N�rrebro development by Pier Projects
� Two spacious bedrooms with built-ins
� Two modern bathrooms
� Two secure car spaces
� Second-floor position
� Stunning views across Black Mountain and the Brindabellas
� Open-plan living and dining
� Fully Covered Private balcony
� Premium kitchen with integrated dishwasher, electric oven and induction cooktop
� European-style laundry
� Split-system heating and cooling
RATES/SIZES
Build Size: 86sqm approx.
Living Size: 75sqm approx.
Balcony: 11sqm approx.
Rates: $1,476p.a approx.
Land Tax: $1,782p.a approx.
Body Corporate: $906p.q approx.
EER: 6.0
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Listing description written by LJ Hooker Kippax, LJ Hooker Kippax — reproduced as published, not verified by Districts.