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ACT › Mckellar › Vagabond Cres

53 Vagabond Cres, Mckellar ACT 2617

House

$550,000

Last sold

3 Jan 2017

3

Bedrooms

1

Bathrooms

2

Car spaces

861 m²

Land

153 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $550,000 (3 Jan 2017).(Recorded sale)
  • CalculationLand 861 m² against a 153 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mckellar (last 5 years) with land size: median $1,608/m² of land (n=5). 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

$550,000

3 Jan 2017 · derived via latest_sale

Local land rate: recorded House sales in Mckellar (last 5 years) with land size have a median of $1,608/m² of land (n=5). Districts calculation from recorded sales — not a valuation.

Mckellar at a glance

2,619

People

No data

Median sale

$438/wk

Median rent

No data

Suburb gross yield

See the full Mckellar 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 unknown16 May 2024
  2. Listedprice unknowncompleted23 Apr 2024
  3. Sold$550,0003 Jan 2017
  4. Listedprice unknowncompleted9 Nov 2016

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 $438/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

Mckellar in one glance

Mckellar at a glance

2,619

People

No data

Median sale

$438/wk

Median rent

No data

Suburb gross yield

See the full Mckellar report →

Keep researching

  • Why Mckellar? Read the area thesis →
  • What else is on the market in Mckellar →
  • Other records on Vagabond Cres →

Listing material

Listed by Ray White Canberra

Location Perfect - Final Open Home this Saturday 1:30 pm!!

There are times when you just know you have found a golden opportunity!

So many features! Imagine not only a privately built three bedroom home with formal and casual living areas, but add in a large sunroom of the family room and an additional studio which could be used as a fourth bedroom, large study or maybe hobby room….

Now look no further.

Read the full description

Here is a genuinely rare opportunity to secure a superbly located home on a large 861sqm block, in a prime location.

This home is perfectly suited to families who seek a larger 3 bedroom home with a flexible floorplan, and want the benefit of a studio or 4th bedroom option.

With a large L shaped lounge and dining room for formal entertaining and a family room that opens to the sunroom off the central kitchen, the living areas in this home are fantastic.

The kitchen will be the hub of activity for entertaining, with easy access to all your casual and formal living areas.

All you need to do is send out the invite to your house warming.

All bedrooms are generous in size, with two featuring built-in robes, ideal for growing families.

The location speaks for itself. This is a versatile home with plenty to offer first home buyers, families upgrading from a smaller home or those astute investors looking to secure a solid home in the popular suburb of McKellar.

Positioned in a family friendly neighborhood in a quiet leafy street, the possibilities and future potential need to be seen to be be believed.

Currently tenanted at $625.00 pw, this property presents an opportunity for astute buyers to secure a very affordable gem in the popular suburb of Mckellar. Take advantage of the extra income to help pay off your loan until it's time for you and the family to move in.

Features:

• Three bedrooms of good size, with bonus studio, 4th bedroom or study

• Practical kitchen with gas cooktop, oven, and dishwasher

• Versatile floor plan including lounge, dining, family room, studio and sunrooms

• Ducted heating and cooling

• Double lock up garage

The Numbers:

• Built 1985

• Residence - 153.12 sqm

• Garage - 43 sqm

• Block size - 861 sqm

• Unimproved Value: $525,000 (2023)

• Block: 12 Section: 39

• Rates (Residential): $3,036

Listing description written by Leonie Mayberry, Ray White Canberra — 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.