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ACT › Calwell › Pennington Cres

57 Pennington Cres, Calwell ACT 2905

House

$690,000

Last sold

5 Feb 2024

3

Bedrooms

1

Bathrooms

3

Car spaces

864 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $690,000 (5 Feb 2024).(Recorded sale)
  • FactLand 864 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Calwell (last 5 years) with land size: median $1,126/m² of land (n=41). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$690,000

5 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Calwell (last 5 years) with land size have a median of $1,126/m² of land (n=41). Districts calculation from recorded sales — not a valuation.

Calwell at a glance

5,520

People

$975,500

Median sale

$448/wk

Median rent

2.39%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Calwell report →

Vs Calwell

-29.3%

Median sale

Suburb $975,500

+0.99 pp

Gross yield

Suburb 2.39%

Suburb median $975,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$690,0005 Feb 2024
  2. Listedprice unknowncompleted8 Nov 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 $448/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

Calwell in one glance

Calwell at a glance

5,520

People

$975,500

Median sale

$448/wk

Median rent

2.39%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Calwell report →

Keep researching

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

Listing material

Listed by McIntyre Property

Fantastic First Home, Investment or Downsizer!

Discover your ideal home with this charming property! Whether you're a first-time buyer, an astute investor, or looking to downsize, this home caters to your needs. The delightful gardens surrounding the property provide a serene outdoor oasis.

Upon entering, you'll be greeted by a formal lounge and dining room adorned with gorgeous raked wooden ceilings, adding a touch of character and warmth. Continuing, you'll find the kitchen and meals area. The kitchen features a free-standing oven and cooktop, ample cupboard and counter space, a double pantry, and a picture window that frames a picturesque view of the garden.

This cozy abode boasts three well-proportioned bedrooms and a separate laundry, ensuring comfortable living spaces for your family. The potential for personalization and renovation is limitless, making it an excellent canvas for you to make it uniquely your own.

Read the full description

Enjoy a double garage, plus plenty of off-street parking. There is a large colourbond storage shed 7.5m x 4.0m that could have multiple uses for the new owners.

Keep the energy bills at bay with a 16-panel solar system.

Located in a great position, you'll enjoy the convenience of being close to the Calwell shopping centre and just a short drive away from the South Point shopping centre. This neighbourhood offers a selection of quality schools and easy access to public transport, making your daily life a breeze.

Don't miss the opportunity to make this lovely property your own. Contact us today to schedule a viewing and embark on a journey to your perfect first home, investment property, or downsizer's dream.

Features Include:

• Formal lounge and dining with beautiful wooden raked ceilings

• Good sized kitchen with great storage

• Three good sized bedrooms

• Ceiling fans, gas wall furnace + reverse cycle split system

• 16-panel solar system

• Private backyard

• Double carport

• Large colourbond storage shed

• Great location

• Great sized 864 sqm block

Outgoings & Property Information:

Living size: 113 sqm

Block size: 864 sqm

Storage shed 7.5m x 4.0m

UCV: $455,000

Rates: $2,664 per annum

Land tax (if rented): $4,240 per annum

Year Built: 1991

EER: 1.5

Disclaimer:

While we take all due care in gathering details regarding our properties either for sale or lease, we accept no responsibility for any inaccuracies herein. All parties/applicants should rely on their own research to confirm any information provided.

Listing description written by Daryl Gough, McIntyre Property — 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.