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ACT › Reid › Cooyong St

514/83 Cooyong St, Reid ACT 2612

For saleApartment

$450,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $450,000(Listing record · 22 May 2026)
  • CalculationIf it leased at Reid's advertised median rent ($430/wk), implied gross yield would be 4.97% — 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

$450,000

Asking

No recorded sale for this property.

Reid at a glance

2,063

People

No data

Median sale

$430/wk

Median rent

No data

Suburb gross yield

See the full Reid report →

Total cost to purchase

Purchase Price
$450,000
Stamp Duty (Australian Capital Territory)
$9,700
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
$463,896

$13,896 on top of the price (3.1% 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 Reid's advertised median rent — not a rent for this listing.

Net yield
3.47%
Annual cashflow (pre-tax)
$-7,790
Interest cover (DSCR)
0.67
Annual rent
$22,360
Operating expenses
$6,750
Loan amount
$360,000
Annual interest
$23,400
Gross yield
4.97%

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$450,000available21 May 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 $430/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 5.0%. 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

Reid in one glance

Reid at a glance

2,063

People

No data

Median sale

$430/wk

Median rent

No data

Suburb gross yield

See the full Reid report →

Keep researching

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

Listing material

Listed by Canberra Property Partners

Sophisticated City Living Opposite Glebe Park

Positioned within the prestigious Metropol precinct, this beautifully appointed one-bedroom apartment offers an exceptional lifestyle opportunity in the heart of Canberra. Perfectly located directly opposite Glebe Park and moments from the Canberra Centre, this residence combines luxury, convenience, and modern comfort in one of the city's most desirable locations.

Filled with natural light, the apartment showcases a spacious open-plan living and dining area framed by floor-to-ceiling windows, capturing leafy parkland outlooks and vibrant city views. Floating timber flooring adds warmth and sophistication, while the designer kitchen features stone benchtops, premium SMEG appliances, integrated dishwasher, and excellent storage ideal for both everyday living and entertaining.

The generously sized bedroom includes built-in wardrobes and direct balcony access, creating a seamless indoor-outdoor connection. A sleek modern bathroom, separate European laundry with tumble dryer, and quality finishes throughout complete this impressive offering.

Read the full description

Residents of Metropol also enjoy access to premium resort-style amenities, further enhancing the appeal of this vibrant inner-city address.

Whether you are a first home buyer, investor, or professional seeking an unbeatable lifestyle location, this apartment presents an outstanding opportunity in one of Canberra’s most connected and sought-after precincts.

Apartment Features:

* Spacious open-plan living and dining area

* Balcony access from both the living area and bedroom

* Floor-to-ceiling double glazed windows

* Floating timber flooring throughout

* Stylish kitchen with stone benchtops

* Premium SMEG appliances

* Electric cooking and integrated dishwasher

* LED lighting throughout

* Split-system heating and cooling

* Separate European laundry with tumble dryer

* Secure basement car space with storage shed

Metropol Complex Amenities:

* Rooftop sky lounge with panoramic views

* Outdoor dining and entertaining spaces

* Swimming pool and children's play area

* Secure, well-maintained complex with lift access

Ideally Located Near:

* The Canberra Centre

* Lake Burley Griffin

* Lonsdale Street dining and nightlife precinct

* Ainslie Primary School

* Campbell High School

* Dickson College

* Canberra CBD and public transport connections

Additional information:

Strata - $885 per quarter (approx)

Water - $215 per quarter (approx)

Disclaimer

While all care has been taken to ensure the information contained herein is accurate, Canberra Property Partners makes no representation or warranty as to its accuracy. Interested parties are advised to make their own enquiries and rely on their own investigations in relation to this property.

Listing description written by Brett Russell, Canberra Property Partners — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Intercom
  • Outdoor Entertaining
  • Pool
  • Remote Garage
  • Secure Parking

Also look at

Also for sale in Reid

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  • 710/81 Cooyong St, Reid ACT 2612

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  • G07/81 Cooyong St, Reid ACT 2612

    1-bed apartment. Asking $359K.

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  • 606/81 Cooyong St, Reid ACT 2612

    2-bed apartment. Asking $480K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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