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ACT › Red Hill › Thermopylae Ln

7 Thermopylae Ln, Red Hill ACT 2603

For saleVilla for Sale

$2,000,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,000,000(Listing record · 15 May 2026)
  • CalculationIf it leased at Red Hill's advertised median rent ($500/wk), implied gross yield would be 1.30% — 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

$2,000,000

Asking

No recorded sale for this property.

Red Hill at a glance

3,551

People

No data

Median sale

$500/wk

Median rent

No data

Suburb gross yield

See the full Red Hill report →

Total cost to purchase

Purchase Price
$2,000,000
Stamp Duty (Australian Capital Territory)
$90,800
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
$2,094,996

$94,996 on top of the price (4.7% 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 Red Hill's advertised median rent — not a rent for this listing.

Net yield
-0.20%
Annual cashflow (pre-tax)
$-108,000
Interest cover (DSCR)
-0.04
Annual rent
$26,000
Operating expenses
$30,000
Loan amount
$1,600,000
Annual interest
$104,000
Gross yield
1.30%

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$2,000,000available15 May 2026

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 $500/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 1.3%. 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

Red Hill in one glance

Red Hill at a glance

3,551

People

No data

Median sale

$500/wk

Median rent

No data

Suburb gross yield

See the full Red Hill report →

Keep researching

  • Why Red Hill? Read the area thesis →
  • What else is on the market in Red Hill →
  • Other records on Thermopylae Ln →

Listing material

Listed by Christine Shaw Properties

Luxurious Living

Thermopylae Lane is unique in the Red Hill Precinct – known as The Parkside Collection – and this will be the first non-developer terrace home to come to the market in the Lane since the initial off-the-plan sales.

To set the scene, the off-the-plan developer sales in Thermopylae Lane were priced between $1,780,000 to $1,995,000 from 2022 to 2025. This is an exclusive enclave like no other town residences in the Red Hill Precinct. This stunning terrace home offers the perfect blend of contemporary design and sustainable living, making it an ideal choice for modern families. Imagine owning a separate title property in the Precinct – there are no strata fees involved and no body corporate meetings.

Initially, with an impressive off-the-plan new build 8.4 star energy efficiency rating, the home boasts sustainable design elements that ensure comfort and cost savings. The double glazed windows provide excellent insulation, while the solar panels contribute to reduced energy bills and a smaller carbon footprint. This home is designed to be both environmentally friendly and economical. To add to the uniqueness, the owners altered the plans prior to build to ensure a better layout of the laundry and powder room.

Read the full description

The spacious open plan living area is enhanced by generous ceiling heights, creating a light and airy atmosphere. From this space, you can enjoy panoramic parkland views that bring a sense of tranquility and connection to nature. This living area is perfect for both relaxing and entertaining guests.

The luxurious master suite is a true retreat, featuring a walk-in robe and stunning views of the park. This private sanctuary offers a peaceful escape from the hustle and bustle of daily life, with ample storage and a serene outlook.

The gourmet kitchen is equipped with high-end Miele appliances, making it a delight for any home chef. Whether you're preparing a quick meal or hosting a dinner party, this kitchen provides the functionality and style needed to make cooking a pleasure.

For outdoor entertaining, the property includes a sumptuous alfresco dining area. This space is complete with an outdoor kitchen, BBQ, and bar fridge, making it perfect for hosting gatherings with family and friends. Enjoy dining under the stars or a casual weekend barbecue in this well-appointed outdoor area.

The home offers direct access to the beautiful park. There is only one shared wall, with this terrace home having a larger parcel of land compared to many others in the Lane of 230m2. The parkland setting allows you to enjoy tranquil moments and outdoor activities right at your doorstep. The park provides a serene backdrop to your daily life and enhances the overall appeal of this exceptional property.

7 Thermopylae Lane offers a prime location in Red Hill, away from traffic, in a prestigious suburb known for its leafy streetscapes and serene environment. This home is conveniently close to excellent public and private schools, shopping centres, and dining options, making it an ideal choice for families.

Surrounded by lush greenery and parklands, it provides a peaceful retreat from the hustle and bustle of city life, but is only a 10 minute drive to the Parliamentary Triangle and 15 minutes to Canberra CBD. The area boasts easy access to major roads and public transport, ensuring a smooth commute.

Features:

Construction completed April 2024

Corner location with only one shared wall

Larger parcel of land than many others in Thermopylae Lane

Improved floorplan alterations prior to build

North orientation for family room, kitchen and alfresco living

Separately titled block – no strata fees and no body corporate

High ceilings on both levels of 2.7m

Open plan living, with a second living area

Quality Miele appliances of oven, cooktop, rangehood and dishwasher

Breakfast bar in kitchen and stone benchtops

Refrigerator water connection point

Soft-close joinery doors and drawers

King-sized master bedroom with walk-in robe

Spacious ensuite with double vanities and bath

Juliette balcony off master bedroom overlooking park

Two remaining queen-sized bedrooms with built-in robes

Large shower and mirrored storage in main bathroom

Quality bathroom inclusions with floor-to-ceiling tiles

Laundry room – not a European laundry

Powder room on ground floor

Under-stair storage

Front and rear courtyard

Third living option of alfresco living

Outdoor BBQ with bar fridge and outdoor kitchen

LED lights throughout and quality curtains

Double glazed windows

Reverse cycle ducted heating and cooling

Engineered floorboards in the living areas

New Zealand wool carpets upstairs in the bedrooms

Skylights

5kW Solar Panels

Close to excellent public and private schools

Transport only 100m away

Red Hill Shops just a 5 minute walk

10 minutes to Parliamentary Triangle

15 minutes to Canberra CBD

Living: 170.3m2

Porch: 3.18m2

Front Courtyard: 24.21m2

Alfresco Living: 65.08m2

Garage: 42.04m2

Total Residence: 304.81m2

EER 6

Land Size: 230m2

Land Value: $674,000

Land Rates: $4355 pa

Rent appraisal by Little Bird Properties: $1300pw

Land Tax (only payable if rented): $8,771 pa

Note: all figures and measurements are approximate.

Listing description written by Christine Shaw, Christine Shaw Properties — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.