Latham at a glance
3,765
People
$881,500
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
ACT › Latham › Macrossan Cres
$840,000
Last sold
12 Nov 2021
3
Bedrooms
2
Bathrooms
1
Car spaces
719 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$840,000
12 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Latham (last 5 years) with land size have a median of $1,135/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Latham at a glance
3,765
People
$881,500
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Latham
-4.7%
Median sale
Suburb $881,500
+0.12 pp
Gross yield
Suburb 2.36%
Suburb median $881,500 from 6 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 $400/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
Latham at a glance
3,765
People
$881,500
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HOME.BYHOLLY#soldbybianca $840,000
The year is 1984, you walk in the front door and throw your denim jacket and Ray bans on the couch, head over to the stereo and blast Billie Jean as you start your weekly ritual of watering your copious amounts of indoor plants. Actually as I write this I realise there's probably lots of people doing this exact thing every week, me included!
Disco was dead, grunge was in, people were expressing themselves more than ever, more risks were taken, Mario Brothers, Fraggle Rock and Microsoft Word all made their debut. It was a new optimistic time, marked by large shoulder pads, space exploration, and archways in homes. Do yourself a favour and google 80's Archways, and you'll find a stack of interior designers passionately advocating for their resurgence!
57 Macrossan Crescent has been a steadfast and reliable investment for many years, being home to tenants walking through its doors with the same youthful optimism we all feel when we make the steps out into the real world.
It now presents an opportunity for you to secure a home in a suburb on the move! West Belconnen has seen a boom of first home buyers making the leap into home ownership with some amazing capital growth. Purchasing the Macrossan home now, will definitely be something you will be thanking yourself for in 2022!
features:
.3 bedroom home
.master bedroom with walk through robe & ensuite
.two other bedrooms with built in robes
.two living areas with seperate dining room
.original kitchen ready with views out to the large level backyard
.reverse cycle air conditioner/heater
.ducted heating
.updated kitchen appliances (oven, hot plate and dishwasher)
.colourbond Fence
.single garage with roller door through to backyard
.large easy care backyard
.moments to Kippax and Westfield Belconnen
Property is currently tenanted till end of June 2022.
EER: 3.0
House Size: 128 m²
Block Size: 719 m²
Unimproved Value: $326,000 (2020)
Rates: $2,542*
Land Tax: $3,460*
Listing description written by Bianca Way, HOME.BYHOLLY — reproduced as published, not verified by Districts.