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ACT › Reid › Cooyong St

710/81 Cooyong St, Reid ACT 2612

For saleApartment

$469,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $469,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $469,000(Listing record · 16 July 2026)
  • CalculationIf it leased at Reid's advertised median rent ($430/wk), implied gross yield would be 4.77% — 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

$469,000

Asking

No recorded sale for this property.

Reid at a glance

2,063

People

No data

Median sale

$430/wk

Median rent

No data

Suburb gross yield

See the full Reid report →

Total cost to purchase

Purchase Price
$469,000
Stamp Duty (Australian Capital Territory)
$10,346
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
$483,542

$14,542 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 Reid's advertised median rent — not a rent for this listing.

Net yield
3.27%
Annual cashflow (pre-tax)
$-9,063
Interest cover (DSCR)
0.63
Annual rent
$22,360
Operating expenses
$7,035
Loan amount
$375,200
Annual interest
$24,388
Gross yield
4.77%

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$469,000available16 July 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 $430/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 4.8%. 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

Reid in one glance

Reid at a glance

2,063

People

No data

Median sale

$430/wk

Median rent

No data

Suburb gross yield

See the full Reid report →

Keep researching

  • Why Reid? Read the area thesis →
  • What else is on the market in Reid →
  • Other records on Cooyong St →

Listing material

Listed by Ruiz Property Management

East-Facing Corner Apartment with Panoramic Mountain Views – Premium CBD Living Opposite Canberra Centre

Welcome to 710/81 Cooyong Street, Reid - a beautifully designed one-bedroom apartment offering an exceptional combination of natural light, panoramic mountain views, premium location and unbeatable lifestyle convenience.

Perfectly positioned in one of Canberra's most prestigious city-edge locations, this spacious residence presents an outstanding opportunity for first-home buyers, professionals and investors alike. Whether you're looking for a vibrant city lifestyle or a low-maintenance investment with excellent rental demand, this apartment delivers on every level.

Best of all, the property is vacant and ready for immediate occupancy, allowing you to move in straight away or lease it immediately.

Read the full description

A Coveted CBD Address with Everything at Your Doorstep

Located within the sought-after suburb of Reid, this apartment places you right in the heart of Canberra's city lifestyle while enjoying the peaceful surroundings that Reid is famous for.

Directly across the road sits Canberra Centre, Canberra's premier shopping and dining destination. With supermarkets, department stores, boutique retailers, cinemas and hundreds of restaurants and cafés literally moments away, everyday convenience couldn't be better.

Just next door is the beautiful Glebe Park - one of the city's most iconic green spaces. Whether you're enjoying your morning coffee, taking an evening walk or simply relaxing under the trees, the park provides a wonderful extension of your living environment.

The vibrant dining precinct of Braddon is also only a short stroll away, offering some of Canberra's most celebrated cafés, wine bars, cocktail lounges and award-winning restaurants. From weekend brunches to evening drinks with friends, this location truly embraces everything city living has to offer.

Rare Corner Position Filled with Natural Light

One of the most impressive features of this apartment is its exceptional orientation and abundance of natural light.

The spacious living area enjoys both east-facing and north-facing floor-to-ceiling windows, a rare feature in one-bedroom apartments. These expansive windows flood the apartment with sunlight throughout the day while framing spectacular mountain views that create an incredible sense of openness.

The kitchen is equally impressive, featuring its own north-facing floor-to-ceiling window - an increasingly rare design element that transforms an everyday space into one filled with natural light and beautiful outlooks. Preparing breakfast or cooking dinner while looking out towards the mountains creates a lifestyle experience few apartments can offer.

The generous open-plan living and dining area feels significantly larger thanks to the corner positioning and uninterrupted natural light, creating an atmosphere that is bright, airy and incredibly welcoming.

Wake Up to Beautiful Mountain Views Every Morning

The bedroom continues the apartment's outstanding connection with the outdoors.

Positioned on the eastern side of the apartment, both the bedroom and balcony enjoy beautiful mountain views and gentle morning sunshine. Imagine waking each day to the first rays of sunlight before stepping onto your private balcony to enjoy a coffee overlooking Canberra's surrounding hills.

It's these everyday moments that make this apartment so much more than simply a place to live.

A Lifestyle That Few City Apartments Can Match

Living here means embracing one of Canberra's most walkable and vibrant neighbourhoods.

Within just a few minutes you can enjoy:

• Shopping at Canberra Centre

• Brunch in Braddon

• Walks through Glebe Park

• Easy access to the City business district

• Light rail, buses and major transport connections

Whether you're working in the CBD, studying nearby, or simply enjoying everything Canberra has to offer, this location makes life remarkably easy.

Move-In Ready or High-Performing Investment

The apartment is currently vacant, allowing immediate settlement and occupation for owner-occupiers.

For investors, the location continues to attract strong rental demand thanks to its proximity to government offices, the Australian National University, restaurants, shopping and public transport. The estimated rental return of approximately $550–$600 per week provides an attractive yield alongside excellent long-term capital growth potential.

Whether purchasing your first home, downsizing, or expanding your investment portfolio, this is an opportunity to secure a quality apartment in one of Canberra's most tightly held city precincts.

Key Features

One bedroom | One bathroom | One secure car space

Corner apartment with east and north-facing floor-to-ceiling windows

Spectacular mountain views from the living area, bedroom and balcony

Rare north-facing kitchen window providing abundant natural light

Vacant and ready for immediate occupancy

Opposite Canberra Centre and beside Glebe Park

Walking distance to Braddon cafés, restaurants and nightlife

Strong rental potential of approximately $550–$600 per week, ideal for both owner-occupiers and investors

Property details:Council rate: $505 p/q (approx.)

Strata: 872 p/q (approx.)

Land tax: $590 p/q (approx.)(Investor only)

Built: Year 2021

Living area: 50 m²

Balcony: 8 m²EER: 6.0

Disclaimer:

While all care has been taken to ensure the accuracy of the information contained herein, Ruiz Property does not accept responsibility and disclaims all liabilities for any errors, omissions, inaccuracies or misstatements. All information provided is approximate only and should not be relied upon as a basis for making any formal decisions. Interested parties are advised to conduct their own enquiries and seek independent legal and financial advice.

Please note that the property may continue to be marketed and inspections may continue until contracts have been exchanged.

Listing description written by Eric Fan, Ruiz Property Management — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Intercom
  • Pet-Friendly
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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.