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ACT › Griffith › Flinders Way

49 Flinders Way, Griffith ACT 2603

For saleHouse for Sale

$3,400,000

For sale

Asking

4

Bedrooms

3

Bathrooms

1

Car spaces

1,071 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,400,000(Listing record · 4 Mar 2026)
  • FactLand 1,071 m²; no building size recorded.(Property record)
  • CalculationAsk is 64% above the Griffith median recorded sale ($2,068,500, n=6, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Griffith's advertised median rent ($462/wk), implied gross yield would be 0.71% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$3,400,000

Asking · $3,175/m² of land

No recorded sale for this property.

Griffith at a glance

5,851

People

$2,068,500

Median sale

$462/wk

Median rent

1.16%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Griffith report →

Vs Griffith

+64.4%

Median sale

Suburb $2,068,500

-0.45 pp

Gross yield

Suburb 1.16%

Suburb median $2,068,500 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$3,400,000
Stamp Duty (Australian Capital Territory)
$154,360
Transfer/Registration Fee
$496
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,558,556

$158,556 on top of the price (4.7% extra)

  • Stamp Duty (Australian Capital Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Griffith's advertised median rent — not a rent for this listing.

Net yield
-0.79%
Annual cashflow (pre-tax)
$-203,776
Interest cover (DSCR)
-0.15
Annual rent
$24,024
Operating expenses
$51,000
Loan amount
$2,720,000
Annual interest
$176,800
Gross yield
0.71%

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.

Open the full yield calculator →

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. Listed$3,400,000available4 Mar 2026

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 $462/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

Gross yield if leased at the suburb aggregate is 0.7%. 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

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

Griffith in one glance

Griffith at a glance

5,851

People

$2,068,500

Median sale

$462/wk

Median rent

1.16%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Griffith report →

Keep researching

  • Why Griffith? Read the area thesis →
  • What else is on the market in Griffith →
  • Other records on Flinders Way →

Listing material

Listed by PURNELL

A Lifestyle of Ease, Everything Within Reach

Private Appointment Only - Contact Steph Hoss on 0401 857 662

Perfectly positioned in an ultra-convenient location, this exceptional home places everything you need right at your doorstep. Enjoy the ease of having shops, essential services, cafes and public transport all within walking distance without the need for a car. The location offers a lifestyle of effortless day-to-day living for downsizers, in one of Canberra’s most connected pockets.

Completely transformed in 2023, this Heritage home has been thoughtfully curated, finished to an uncompromising standard with every conceivable inclusion.

Read the full description

The residence unfolds beautifully through a series of well-proportioned living spaces, extending effortlessly through bifold doors to the rear terrace, deck and established gardens. A striking Canberra red brick chimney with dual fireplaces forms the heart of the home, while the custom-designed bar and cellar elevate it, creating a sophisticated and inviting setting for hosting. All flowing seamlessly to the kitchen, a true centrepiece finished in Calacatta Vagli marble and appointed with integrated premium appliances, bespoke joinery and generous storage.

Accommodation is equally considered, offering scale, privacy, and exceptional quality. The master suite is privately positioned, with a designer walk-in wardrobe and luxury ensuite with double shower and dual vanity. Secondary bedrooms are generously sized, while the flexible fourth bedroom or study incorporates bespoke joinery and acoustic panelling for functionality. A further two stylish bathrooms, each appointed with full-height tiling and underfloor heating. Throughout, extensive storage and premium finishes ensure the home is as practical as it is distinguished.

This is a rare opportunity to embrace a piece of Canberra’s history while enjoying the convenience of an address just moments from Manuka and the very best of the Inner South.

Summary:

- Striking Heritage single-level heritage residence with a perfectly executed floorplan

- Ultimate cohesion, timeless design and impeccable finishes throughout

- Completed by GH Constructions and Capezio Copland

- Elegant original features including handcrafted doors, period hardware, high ceilings and detailed cornice, skirtings and architraves

- Hardwood flooring complemented by premium quality carpets

- Light-filled interiors enhanced by expansive windows and oversized bifold doors, welcoming natural light throughout the day

- Private and secure, with fencing and gates framed by classic Canberra red brick pathways

- Formal entry flowing to the original Canberra red brick feature chimney with dual i30X fireplaces

- Designer kitchen appointed with Calacatta Vagli marble

- Billi sparkling tap offering boiling, chilled and sparkling functions

- Liebherr 246L fully integrated Peak Series fridge and freezer

- 900mm induction cooktop and 900mm pyrolytic oven

- Bosch fully integrated dishwasher

- Bespoke bar room featuring Titanium marble and extensive wine storage

- Thoughtfully curated lighting plan featuring designer fittings by Miko and statement chandeliers by Prestige Chandeliers

- Automatic architectural night lighting to the façade, pond and gardens

- Luxurious master suite with designer walk-in wardrobe and expansive ensuite with double shower and dual vanity

- Generous second and third bedrooms, both with double windows

- Flexible fourth bedroom or custom-built study with integrated desk and Ecoustic Panel Loop acoustic panelling

- Three designer bathrooms, all featuring underfloor heating, Calacatta Vagli marble and floor-to-ceiling Retro Grigio tiling

- Streamlined laundry with external access

- Established English-inspired gardens with feature pond

- Rear entertaining deck with outdoor kitchen

- SONOS zoned surround sound system with in-roof speakers

- Automated irrigation system with dual water tanks

- Solar system

- Ducted reverse-cycle air conditioning with smart access control

- New double-glazed windows throughout

- Full wall and ceiling insulation

- Separate single garage with pergola and additional storage room

- Ample off-street parking

- Exclusive location offering exceptional convenience to lifestyle amenities

Figure Summary (all approximate):

- Block size: 1071 sqm

- Residence: 230 sqm

- Garage: 30 sqm

- EER: 4

- Rates: $2,633 per quarter

Disclaimer: The information contained in this marketing is provided for general information purposes only and has been sourced from material we believe to be reliable. While all reasonable care has been taken, PURNELL R/E Pty Ltd makes no guarantee as to its accuracy and interested parties should rely on their own enquiries. Images may include virtual styling or digital enhancement for marketing and illustrative purposes.

Note: From 1 July 2026, AML/CTF legislation may require additional identification, verification and due diligence checks for parties involved in property transactions.

Listing description written by Steph Hoss, PURNELL — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Secure Parking
  • Solar Panels
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.