Watson at a glance
7,554
People
$1,170,000
Median sale
$437/wk
Median rent
1.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
$1,265,000
Last sold
1 Nov 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
849 m²
Land
166 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
$1,265,000
1 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Watson (last 5 years) with land size have a median of $1,605/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Watson at a glance
7,554
People
$1,170,000
Median sale
$437/wk
Median rent
1.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Watson
+8.1%
Median sale
Suburb $1,170,000
-0.14 pp
Gross yield
Suburb 1.94%
Suburb median $1,170,000 from 31 recorded sales (last 12 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 $437/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
Watson at a glance
7,554
People
$1,170,000
Median sale
$437/wk
Median rent
1.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NBHD AgencyWelcome to your new neighbourhoodlet us take you on a tour!
Nestled in one of Watsons most sought-after cul-de-sacs, 54 Cullen Street offers the perfect balance of comfort, community, and a peaceful retreat close to nature.
This delightful residence features three spacious bedrooms, each with its own unique charm. Two bedrooms are blessed with sun-filled northern light and built-in robes, while the third enjoys a serene easterly outlook. The modern bathroom, complete with double sinks and a separate toilet, ensures there's plenty of space for busy family mornings.
At the heart of the home is a bright, open-plan living and dining area, bathed in natural light, creating an inviting space perfect for both everyday living and entertaining. The kitchen is well-equipped with a large gas stove, offering ease and functionality for cooking and gathering alike.
Step outside to the expansive 849.3 sqm block, where the beautifully landscaped garden is perfect for children and pets to play. The rear timber deck extends the living space outdoors, making it ideal for hosting BBQs, enjoying a firepit, or simply relaxing in the tranquil surrounds.
A stand-alone converted garage provides a versatile space that can evolve with your familys needswhether it becomes a teenage hangout, playroom, or inspiring art studio.
Location highlights:
Tranquil cul-de-sac: Enjoy privacy and a tight-knit community feel.
Mount Majura Reserve: Just a 2-minute walk away for scenic nature trails and outdoor adventures.
Local amenities: Walking distance to Majura Primary School, local shops, transport links, and the popular Knox caf.
Epic Markets: A 5-minute bike ride to Canberras freshest produce market.
Convenience: Just 15 minutes by car to Canberras CBD.
Whats GOOD in the NBHD:
Mount Majura Reserve: 2-minute walk for nature trails and outdoor fun.
Majura Primary School: 1.2 km, easily within walking distance for school runs.
Knox Caf: 1.5 km, perfect for your morning coffee or brunch.
Epic Markets: A 5-minute bike ride to enjoy Canberras best fresh produce.
Local Shops and Transport: A short stroll for everyday essentials.
Canberra CBD: Only 15 minutes by car, providing quick access to city amenities and attractions.
Ready to make this charming home yours? Contact us today to arrange an inspection and discover how 54 Cullen Street can become the perfect backdrop for your familys next chapter. Join the welcoming Watson community and experience the lifestyle youve been dreaming of.
Listing description written by Alen Perkovic, NBHD Agency — reproduced as published, not verified by Districts.
Nearby 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.