Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

ACT › Phillip › Surprize Pl

62/1 Surprize Pl, Phillip ACT 2606

For saleApartment

$445,000

For sale

Asking

1

Bedrooms

1

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $445,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $445,000(Listing record · 8 Oct 2025)
  • CalculationAsk is 30% below the Phillip median recorded sale ($640,000, n=7, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Phillip's advertised median rent ($440/wk), implied gross yield would be 5.14% — 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

$445,000

Asking

No recorded sale for this property.

Phillip at a glance

7,528

People

$640,000

Median sale

$440/wk

Median rent

3.57%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Phillip report →

Vs Phillip

-30.5%

Median sale

Suburb $640,000

+1.57 pp

Gross yield

Suburb 3.57%

Suburb median $640,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$445,000
Stamp Duty (Australian Capital Territory)
$9,530
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
$458,726

$13,726 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 Phillip's advertised median rent — not a rent for this listing.

Net yield
3.64%
Annual cashflow (pre-tax)
$-6,935
Interest cover (DSCR)
0.70
Annual rent
$22,880
Operating expenses
$6,675
Loan amount
$356,000
Annual interest
$23,140
Gross yield
5.14%

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$445,000available7 Oct 2025

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 $440/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 5.1%. 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

Phillip in one glance

Phillip at a glance

7,528

People

$640,000

Median sale

$440/wk

Median rent

3.57%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Phillip report →

Keep researching

  • Why Phillip? Read the area thesis →
  • What else is on the market in Phillip →
  • Other records on Surprize Pl →

Listing material

Listed by Hayman Partners

Stylish North Facing Apartment overlooking treetops, plus 2 car spots!

*Currently rented*

Centrally located, this 1-bedroom apartment is ideal for those wishing to establish themselves within the Woden Valley. The apartment has been immaculately maintained and is ready for its new owner. An absolute stand out feature is that the apartment comes with two side by side parking spots and double storage, incredibly rare for a one bedroom apartment.

The apartment features an open floor plan that flows seamlessly from the kitchen all the way through to the lounge room, with the entire space elevated by the floor-to-ceiling double glazed windows and north facing aspect, boosting energy efficiency. The balcony is ideal for outdoor dining or entertaining, with an outlook of treetops.

Read the full description

The accommodation features a spacious bedroom with a built-in robe, complemented by a generously sized bathroom and a separate European laundry. Ample storage is provide by two separate cupboards in the apartment. Access to the apartment is provided by both elevator and internal stairs.

This low-rise residential complex was developed by Hindmarsh and offers an abundance of greenery, with established gardens and trees throughout the entire complex. Common amenities include a BBQ area with sitting tables.

Phillip is located right in the heart of the Woden Valley. You have access to Westfield Woden, Bradley Street Dining Precinct, Canberra Public Hospital, and the Woden Bus Interchange for transport. The Bradley Street dining precinct is just a short walk across the road. It includes several fantastic venues such as Acai Bunny, Grease Monkey, Dumpling Social, Time Zone, and Hoyts for additional entertainment. There are also several parks nearby to enjoy a picnic or a light stroll with your furry friend.

Features:

- 2 side by side car spots, plus two storage units

- Split system heating & cooling in the living room

- Built-in robe in the bedroom

- Lush complex gardens and BBQ area

- Close to the Woden shopping district

- Walk to Woden interchange with express buses to all parts of Canberra

- Short walk to Canberra Hospital

- New CIT education campus nearby

- Basement parking with lockable storage

- Dryer Included

Figures:

- Rates: $471.70pq

- Body Corp: $935pq

- Internal Size: 55m2

- Balcony Size: 13m2

- EER: 6 Stars

*Please note virtual furniture staging has been used in photography

Listing description written by Tyran Murphy, Hayman Partners — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.