Florey at a glance
4,768
People
$1,062,000
Median sale
$415/wk
Median rent
2.03%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
$780,500
Last sold
24 Nov 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
543 m²
Land
119 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
$780,500
24 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Florey (last 5 years) with land size have a median of $1,355/m² of land (n=19). Districts calculation from recorded sales — not a valuation.
Florey at a glance
4,768
People
$1,062,000
Median sale
$415/wk
Median rent
2.03%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Vs Florey
-26.5%
Median sale
Suburb $1,062,000
+0.73 pp
Gross yield
Suburb 2.03%
Suburb median $1,062,000 from 7 recorded sales (last 24 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 $415/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
Florey at a glance
4,768
People
$1,062,000
Median sale
$415/wk
Median rent
2.03%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Irwin PropertyIf you're looking for a comfortable, single-level house in a convenient and central location, be sure to inspect 5 Tovey Place, Florey. Ready for your finishing touches, this solid brick and tile home with double garaging and 543m2 block won't last long.
THE HOME
A lovely street appeal is a taste of what's to come. The home includes several upgrades and a thoughtfully laid out floor plan.
Upon entry the comfortable lounge room and adjacent dining room offer a warm welcome. The kitchen has been tastefully renovated and benefits from ample storage including step-in pantry, Westinghouse appliances, excellent bench space and a large skylight. Opposite the kitchen you will find the third living space; a flexible meals/family room featuring gas heating and split system air conditioning.
The master bedroom is a good size and features a large built-in robe and reverse cycle air conditioning. There are two further bedrooms, both with robes. The family bathroom is in immaculate condition and comes complete with a bathtub and separate toilet.
Car accommodation is a double garage and features a power door opener, undercover access to the entry and external access to the rear yard. There's also extra off-street parking for a trailer.
The rear yard is fully fenced and a great size with plenty of space for the kids and pets to play. The covered pergola is the perfect space for summer BBQs and there is also a handy garden shed.
THE LOCATION
Set just to the west of the busy hub of Belconnen Town Centre is the quiet and leafy suburb of Florey. Within an 8 minute stroll is Florey Primary School and the popular local shops, which includes a great café, a grocer, medical centre, takeaway shop and other specialty stores. It’s also just a short drive to enjoy beautiful Lake Ginninderra, a great spot for a walk, cycle, picnic, swim or to enjoy a meal at one of the lakeside restaurants.
SUMMARY
Solid brick & tile home nestled in quiet cul-de-sac
Renovated kitchen with step-in pantry, excellent storage & bench space
Lounge, dining & family/meals rooms
Large main bedroom with built-in robe
Bathroom with bathtub & separate toilet
Two Daikin split system air conditioners
Noirot electric heater
Gas heater
Covered pergola
Garden shed
Double garage with undercover access to house
Off-street trailer parking
600m to Florey Shops & Primary School
3km to Belconnen Town Centre
Rent estimate:
$590 - $630 per week
Rates: $484 per quarter
Block: 543m2
Living: 119m2
Garage: 36.6m2
Porch: 4.8m2
Total: 160.4m2
EER: 4.5
All figures are approximate
For further details, please contact Jonathan Irwin by submitting an enquiry form below or calling on 0421 040 082.
Disclaimer: Irwin Property and the vendor cannot warrant the accuracy of the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.
Listing description written by Jonathan Irwin, Irwin Property — reproduced as published, not verified by Districts.