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ACT › Reid › Constitution Ave

83/43 Constitution Ave, Reid ACT 2612

For saleUnit

$618,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $618,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $618,000(Listing record · 11 June 2026)
  • CalculationIf it leased at Reid's advertised median rent ($430/wk), implied gross yield would be 3.62% — 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

$618,000

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
$618,000
Stamp Duty (Australian Capital Territory)
$16,498
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
$638,694

$20,694 on top of the price (3.3% 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
2.12%
Annual cashflow (pre-tax)
$-19,046
Interest cover (DSCR)
0.41
Annual rent
$22,360
Operating expenses
$9,270
Loan amount
$494,400
Annual interest
$32,136
Gross yield
3.62%

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$618,000available11 June 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 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

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 Constitution Ave →

Listing material

Listed by Blackshaw Manuka

End position. Panoramic views. Location sensational.

Private inspections welcome.

Positioned on the prestigious corner of Constitution Avenue and the historic St John's Church precinct, The Jamieson is one of Canberra's most distinguished residential addresses. Designed by Cox Architecture and delivered by Hindmarsh, the development seamlessly balances contemporary sophistication with its heritage setting.

Located at penthouse level apartment #83 enjoys breathtaking, uninterrupted views across Lake Burley Griffin to Old Parliament House. Framed by protected heritage outlooks, this exceptional panorama is assured to remain uncompromised.

Read the full description

Bathed in natural light, the refined 69sqm interior features an open-plan living and dining area framed by floor-to-ceiling double-glazed windows and sliding doors. The designer kitchen is appointed with premium Bosch, Westinghouse, and Smeg appliances, generous storage, and a central island bench, creating an elegant yet highly functional living space.

The residence includes two well-appointed bedrooms, a luxurious oversized bathroom, ducted reverse-cycle air conditioning, secure basement parking, and additional storage. A well-positioned balcony provides the perfect setting for alfresco entertaining while enjoying Canberra's iconic events and lakeside outlook, right at home.

Moments from the city centre, Braddon, Russell, and the lakefront, Residence 83 offers cosmopolitan living of exceptional quality and convenience.

* Penthouse-level 2-bedroom apartment with panoramic Lake Burley Griffin views

* Optional fully furnished offering

* Open-plan living and dining area

* Floor-to-ceiling double-glazed windows and sliding doors

* Quality carpet to living and bedrooms; tiled kitchen and bathroom

* Designer kitchen with island bench and ample storage

* Bosch gas cooktop, Westinghouse oven, Smeg dishwasher, and Electrolux washer-dryer combo

* Elegant bathroom with floor-to-ceiling tiling

* Ducted reverse-cycle air conditioning

* Ceiling fans in living area and primary bedroom

* Built-in wardrobes in both bedrooms

* High-quality window furnishings

* Secure basement car space and storage cage

* Direct access to Lake Burley Griffin walking and cycling paths

* Prestigious central location

* Walking distance to Braddon and Civic cafés, bars, and restaurants

Living Size: 69sqm internal (approx.) + 8sqm balcony (approx.)

Strata: $1,453pq (approx.)

Rates: $1,615pa (approx.)

Land Tax: $1,737pa (approx.)

EER: 6

Disclaimer: All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Blackshaw do not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.

Prior to enquiry or inspection of this property you may wish to review our Information Collection Notice and Privacy Policy.

blackshaw.com.au/privacy

Listing description written by Janae Mclister, Blackshaw Manuka — 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.