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ACT › Kambah › Lee Steere Cres

68 Lee Steere Cres, Kambah ACT 2902

House

$863,000

Last sold

9 Nov 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

899 m²

Land

129 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 $863,000 (9 Nov 2024).(Recorded sale)
  • CalculationLand 899 m² against a 129 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Kambah (last 5 years) with land size: median $1,087/m² of land (n=65). 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

$863,000

9 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Kambah (last 5 years) with land size have a median of $1,087/m² of land (n=65). Districts calculation from recorded sales — not a valuation.

Kambah at a glance

15,891

People

$925,000

Median sale

$400/wk

Median rent

2.25%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Kambah report →

Vs Kambah

-6.7%

Median sale

Suburb $925,000

+0.16 pp

Gross yield

Suburb 2.25%

Suburb median $925,000 from 37 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$863,0009 Nov 2024
  2. Listedprice unknowncompleted15 Oct 2024

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 $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.

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

Kambah in one glance

Kambah at a glance

15,891

People

$925,000

Median sale

$400/wk

Median rent

2.25%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Kambah report →

Keep researching

  • Why Kambah? Read the area thesis →
  • What else is on the market in Kambah →
  • Other records on Lee Steere Cres →

Listing material

Listed by McCann Properties

Unique and tranquil home

Cherished by the same owner for twenty-five years, this immaculate home is available now to a family seeking convenience, privacy and variety. Boasting a unique floorplan adorned with windows that flood the internal spaces with natural light, the home has plenty of great inclusions and boasts a central location within a popular, family friendly suburb.

The internal living spaces are divided into two open plan zones that include the kitchen and family room plus a segregated lounge and dining room. The kitchen and family spaces enjoy a North-facing aspect with direct access into one of the side courtyards, ideal for entertaining or alfresco dining. The kitchen includes quality Smeg appliances, stone benchtops and under floor heating that it shares with the family room, and a smart European style laundry for convenience.

The lounge and dining room is visually delightful with soaring raked ceilings, exposed timber beams, a feature brick wall behind the beautiful open fireplace and lovely views of the second, spacious courtyard. The three bedrooms are located separately, each of which include built-in-robes. The master is a generous size, with a recently renovated ensuite.

Read the full description

The substantial block has been well planned with a variety of outdoor spaces to enjoy. In addition to the lawn space at the rear, there are two, separate courtyards, each enjoying their own aspect, ideal for when you want to enjoy the shade on a hot day or bask in the sun during the cooler months. Established gardens provide plenty of privacy and the home backs onto reserve with a walking path.

The home is located in a quiet street, within a popular suburb. There is plenty of off-street parking available in the driveway and the enclosed double carport has remote doors. There are public transport links close by, with effortless access to local schools, shops and a quick commute into Tuggeranong, Woden and the City.

• Unique home held by the same owner for 25 years

• Separate living spaces, generous windows throughout

• Kitchen includes Smeg appliances, stone benches

• Three bedrooms, all with BIR'S, updated ensuite

• European style laundry, security system

• Gas wall furnaces, fireplace, ceiling fans

•. U/F heating in kitchen and family

• Established gardens provide plenty of privacy

• Two separate courtyards enjoy different aspects

• Enclosed carport with remote doors, off-street parking

The information contained above is believed to be correct at time of advertising however, we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.

Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
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.