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ACT › Red Hill › Monaro Cres

82 Monaro Cres, Red Hill ACT 2603

House

$1,625,000

Last sold

23 Mar 2023

3

Bedrooms

1

Bathrooms

0

Car spaces

650 m²

Land

124 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 $1,625,000 (23 Mar 2023).(Recorded sale)
  • CalculationLand 650 m² against a 124 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Red Hill (last 5 years) with land size: median $2,533/m² of land (n=11). 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

$1,625,000

23 Mar 2023 · derived via latest_sale

Local land rate: recorded House sales in Red Hill (last 5 years) with land size have a median of $2,533/m² of land (n=11). Districts calculation from recorded sales — not a valuation.

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 →

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$1,625,00023 Mar 2023
  2. Listedprice unknowncompleted8 Feb 2023

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

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 Monaro Cres →

Listing material

Listed by Belle Property Canberra

FAMILY HOME IN LEAFY AND ELEVATED POSITION.

The impressive appeal of this home is enhanced by the everyday functionality it offers. Tastefully upgraded, this home is situated on a leafy tree-lined street and is perfect for modern living.

This light filled, private home blends instant appeal with everyday functionality. Northern aspects open up to a sunny rear garden. A fully landscaped garden including a paved entertaining area, a pergola and decking, established trees and new plantings of camellias, ornamental pears, maples and weeping cherry trees. There are three bedrooms, all with built-in wardrobes, generous storage, a new bathroom designed by 'MMM Interiors', and an updated kitchen with a dishwasher and a gas range.

Beautifully situated on a leafy garden block, the home has an elevated view of the surrounding area. Featuring an open and flexible floor plan and space for further expansion, this home would suit a single buyer, couple, or small family.

Read the full description

The property is located in a convenient, desirable Inner South neighbourhood, surrounded by well-loved homes, tree-lined streets, and excellent schools. The boutique Manuka Precinct has an array of shops, cafes, and restaurants only footsteps away. The Fyshwick Markets and the City are just minutes away, as well as Kingston, Griffith, Red Hill, and Narrabundah shops.

* An open plan, flexible living space with flowing interiors, extended family room to study - perfect work from home space

* Large windows and a garden view from the living areas with a northly aspect

* Practical timber flooring and quality window treatments

* Three bedrooms all with built in robes

* Ducted reverse cycle air conditioning and heating plus extra split system in living area

* Solar hot water + solar panels

* Fully insulated the roof, wall and underfloor of the home leading to 5 star energy rating

* Gentle walk to Canberra Gramma School, St Bedes and Red Hill Primary Schools, two pre-schools and the newly renovated local shops, or down the hill to Narrabundah College, St Clare's and St Edmunds

* An easy stroll to Manuka's shops, restaurants, oval, pool, and parks

Rates: $5,960pa (approx.)

Land Tax: $10,532pa (approx. if rented out)

UCV: $1,290,000 (2022)

Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.

Listing description written by Louise Harget, Belle Property Canberra — 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.