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ACT › Farrer › Drevermann St

50 Drevermann St, Farrer ACT 2607

House

3

Bedrooms

2

Bathrooms

2

Car spaces

962 m²

Land

185 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 962 m² against a 185 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Farrer (last 5 years) with land size: median $1,500/m² of land (n=18). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Farrer (last 5 years) with land size have a median of $1,500/m² of land (n=18). Districts calculation from recorded sales — not a valuation.

Farrer at a glance

3,816

People

$1,195,000

Median sale

$450/wk

Median rent

1.96%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Farrer report →

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. Soldprice unknown7 Oct 2023
  2. Listedprice unknowncompleted13 Sept 2023

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 $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.

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

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

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

Farrer in one glance

Farrer at a glance

3,816

People

$1,195,000

Median sale

$450/wk

Median rent

1.96%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Farrer report →

Keep researching

  • Why Farrer? Read the area thesis →
  • What else is on the market in Farrer →
  • Other records on Drevermann St →

Listing material

Listed by Hayman Partners

Private Oasis in a Fantastic Location

Nestled in a peaceful street, this beautifully presented family home provides a highly sought-after lifestyle of space, tranquillity, and ease. Showcasing modern and contemporary interiors, this retreat boasts gorgeous light-filled living areas and endless warmth across a vast single level layout. It also presents relaxed living and indoor/outdoor entertaining surrounded by landscaped gardens. With easy access to shops, schools and major arterial roads, this magnificent home ticks all the boxes for immediate enjoyment – don't miss your opportunity.

FEATURES

- Single level family home in a sought-after location

Read the full description

- North-east facing aspect with beautiful natural light

- Huge master suite with walk-through wardrobe and luxurious ensuite

- Two additional bedrooms, both with built-in robes

- Open plan formal living and dining area with high feature raked ceilings and large bi-fold doors to outdoor entertaining terrace

- Renovated modern kitchen with quality appliances and ample cupboard and bench space

- Family room adjacent to kitchen with large bi-fold doors to terrace

- Updated main bathroom with separate toilet

- Separate laundry with good storage

- Ducted gas heating throughout and fireplace in formal living

- Ceiling fans in bedrooms, living room and family room

- Private yard with beautifully landscaped gardens

- Multiple outdoor entertaining terraces

- Solar panels

- Double garage with automatic door and breezeway access to house

- Solar hot water

- Double glazed windows throughout

- Proximity to walking trails, Farrer shops, Farrer Primary school and playing fields

- Short drive to Southlands Shopping Centre, The Canberra Hospital and Woden Town Centre

WHAT THE SELLERS LOVE ABOUT THE HOME

1. Single level, no steps-living

2. Wedge shaped block – excellent outdoor living spaces to rear of house

3. Sunny winter courtyards

STATISTICS (all figures are approximate)

EER: 3.5

Home Size: 185m²

Garage Size: 42m²

Land Size: 962m²

Construction: 1976

Land Value: $886,000 (2023)

Rates: $1,484 per quarter

Land Tax: $2,634 per quarter (only applicable if not primary residence)

Rental Range: $670 - $700 per week

Listing description written by Brett Hayman, Hayman Partners — reproduced as published, not verified by Districts.

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.