Turner at a glance
4,894
People
$1,435,000
Median sale
$480/wk
Median rent
1.74%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
ACT › Turner › Macarthur Ave
$445,000–$485,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$445,000–$485,000
Asking range
No recorded sale for this property.
Turner at a glance
4,894
People
$1,435,000
Median sale
$480/wk
Median rent
1.74%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Vs Turner
-69.0%
Median sale
Suburb $1,435,000
+3.87 pp
Gross yield
Suburb 1.74%
Suburb median $1,435,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$13,726 on top of the price (3.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Turner's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Gross yield if leased at the suburb aggregate is 5.6%. 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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Turner at a glance
4,894
People
$1,435,000
Median sale
$480/wk
Median rent
1.74%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate GungahlinPositioned within the sought after Residences development in Turner, this beautifully appointed apartment offers the perfect balance of modern comfort and vibrant Inner North living. Designed to maximise natural light, the open plan living area and bedroom both enjoy a prized north facing aspect, filling the home with sunshine throughout the day while providing the benefits of passive solar warmth during Canberra's cooler months.
The light filled living and dining area flows seamlessly onto the private balcony, creating an inviting space to enjoy your morning coffee, entertain friends or unwind after work. Positioned away from Northbourne Avenue, the balcony offers a peaceful retreat while remaining just moments from the energy of the city.
The contemporary kitchen is the heart of the home, featuring a generous island bench, electric cooktop and an outward facing design that keeps you connected with guests while preparing meals.
A true point of difference is the generous dedicated study, complete with a built in desk and offering far more versatility than the typical apartment study nook. Whether you're working from home several days a week, studying or simply looking for additional space to create, this separate area provides the flexibility today's buyers are searching for.
Stepping outside, you'll quickly discover why Turner has become one of Canberra's most sought after suburbs for young professionals. Start your morning with coffee downstairs at 63Do or take a short stroll to local favourite Clay. Meet friends for sunset drinks at Canberra Rex Hotel's rooftop bar, Howling Moon, or jump on the light rail just moments from your front door for effortless access to Braddon, the City Centre and the Australian National University.
Development Information:
* Name of development: The Residences
* Number of dwellings in development: 138 units
* Strata management: Civium Strata
Sizes (Approx.):
* Internal Living: 55sqm
* Balcony: 7 sqm
* Total Residence: 62 sqm
Prices:
* Strata Levies: $1091.55 per quarter
* Rates: $399.85 per quarter
* Land Tax (Investors only): $533.5 per quarter
* Conservative rental estimate: $530 per week
Inside:
* Spacious bedroom with mirrored built in robe
* Generous dedicated study space with built in desk
* Ideal work from home area or flexible second living space
* Contemporary kitchen with electric cooktop
* Generous island bench with outward facing design, perfect for entertaining
* Open plan living and dining area filled with natural light
* Stylish bathroom with mirrored cabinetry
* European laundry complete with dryer
* Reverse cycle heating and cooling
Outside:
* Private balcony positioned away from Northbourne Avenue
* Located within The Residences development
* Convenient access to the light rail network
* Moments from ANU, Canberra City and Braddon's cafés, restaurants and nightlife
* An exceptional Inner North location offering a connected and convenient lifestyle
Inspections:
We are opening the home most Saturdays with mid-week inspections. However, if you would like a review outside of these times please email us at: samdyne@stonerealestate.com.au
Disclaimer:
The material and information contained within this marketing are for general information purposes only. Stone Gungahlin does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties make further enquiries.
Listing description written by Sam Dyne, Stone Real Estate Gungahlin — reproduced as published, not verified by Districts.