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ACT › City › Allara St

78/20 Allara St, City ACT 2601

For saleApartment

$799,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $799,000(Listing record · 5 Mar 2026)
  • CalculationIf it leased at City's advertised median rent ($550/wk), implied gross yield would be 3.58% — 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

$799,000

Asking

No recorded sale for this property.

City at a glance

5,361

People

No data

Median sale

$550/wk

Median rent

No data

Suburb gross yield

See the full City report →

Total cost to purchase

Purchase Price
$799,000
Stamp Duty (Australian Capital Territory)
$25,091
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
$828,287

$29,287 on top of the price (3.7% 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 City's advertised median rent — not a rent for this listing.

Net yield
2.08%
Annual cashflow (pre-tax)
$-24,933
Interest cover (DSCR)
0.40
Annual rent
$28,600
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
3.58%

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$799,000available5 Mar 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 $550/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 3.6%. 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

City in one glance

City at a glance

5,361

People

No data

Median sale

$550/wk

Median rent

No data

Suburb gross yield

See the full City report →

Keep researching

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

Listing material

Listed by LJ Hooker Gungahlin

Sophisticated City Living in the Heart of Canberra

Positioned within the highly regarded Park Avenue complex, this stylish apartment at 78/20 Allara Street, City offers the perfect combination of contemporary comfort, stunning outlooks and unbeatable convenience in Canberra's vibrant CBD.

Perched high within the building, the residence enjoys abundant natural light and sweeping outlooks across the surrounding parklands and city skyline. Designed with modern urban living in mind, the spacious open-plan layout flows seamlessly from the living and dining areas onto a private balcony-an ideal space to enjoy your morning coffee or unwind while taking in the peaceful views.

The sleek kitchen is both functional and elegant, featuring stone benchtops, quality appliances and generous storage, making it perfect for everyday living or entertaining. The accommodation includes two well-proportioned bedrooms, with the main suite complete with a walk-in robe and stylish ensuite, while the second bedroom is serviced by a beautifully appointed main bathroom.

Read the full description

Thoughtfully designed for comfort and convenience, the home also includes ducted reverse-cycle air conditioning, double-glazed windows, a European laundry and secure parking with additional storage.

Residents of Park Avenue enjoy premium building amenities including a fully equipped gym, theatre room, and landscaped communal areas with barbecue facilities-creating a lifestyle that blends urban energy with private retreat.

Ideally located just moments from Glebe Park, Canberra Centre, restaurants, caf�s and the light rail, and within easy walking distance to the ANU and Lake Burley Griffin, this apartment delivers an exceptional city lifestyle or outstanding investment opportunity.

Features include:

Two spacious bedrooms, main with walk-in robe and ensuite

Light-filled open plan living and dining area

Modern kitchen with stone benchtops and quality appliances

Private balcony with elevated outlook

Ducted reverse-cycle heating and cooling

Double-glazed windows and high-quality finishes throughout

Secure parking and storage cage

Access to gym, theatre room and communal entertaining spaces

Prime CBD location moments to shops, dining, transport and parklands

Whether you're seeking a vibrant city residence or a high-performing investment, this impressive apartment presents an opportunity to secure a premium lifestyle in one of Canberra's most convenient locations.

Listing description written by Troy Thompson, LJ Hooker Gungahlin — 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.