Denman Prospect at a glance
6,095
People
$1,260,000
Median sale
$498/wk
Median rent
2.06%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
ACT › Denman Prospect › Mcmichael Tce
$410,000
For sale
Asking
2
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
$410,000
Asking
No recorded sale for this property.
Denman Prospect at a glance
6,095
People
$1,260,000
Median sale
$498/wk
Median rent
2.06%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Denman Prospect
-67.5%
Median sale
Suburb $1,260,000
+4.26 pp
Gross yield
Suburb 2.06%
Suburb median $1,260,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$12,536 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.
Pre-filled with Denman Prospect'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 $498/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 6.3%. 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
Denman Prospect at a glance
6,095
People
$1,260,000
Median sale
$498/wk
Median rent
2.06%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Canberra CityPositioned within the highly regarded Marlu complex, this beautifully presented north-facing apartment offers an exceptional combination of space, flexibility and lifestyle. Featuring a spacious one-bedroom plus study floorplan, the separate study provides valuable additional space that can easily be used as a second bedroom, nursery, home office or guest room.
With approximately 60m� of internal living space and a generous 15.5m� balcony, this residence offers an impressive amount of space for a one-bedroom apartment. The light-filled open-plan living and dining area flows seamlessly to the expansive balcony, creating an ideal setting for entertaining, relaxing or enjoying the elevated outlook across Denman Prospect and the surrounding hills.
The contemporary kitchen is both stylish and functional, featuring a generous island bench, stone benchtops, quality appliances, ample storage and elegant brushed gold tapware. The island bench creates a natural connection between the kitchen and living area, making it ideal for everyday living and entertaining.
The spacious bedroom features built-in robes and direct access to the balcony, while the separate study is a genuine highlight, offering the flexibility of an additional room rarely found in a one-bedroom apartment. Whether used as a second bedroom, home office, children's room or guest space, it adds significant versatility to the floorplan.
The modern bathroom features quality fixtures and contemporary finishes, complemented by a discreet European laundry. Warm timber-look flooring, double-glazed windows and reverse-cycle heating and cooling provide comfort and style throughout the home.
Residents of Marlu enjoy access to resort-style amenities including a swimming pool, fully equipped gym and beautifully landscaped communal spaces.
Perfectly positioned within easy walking distance of Denman Village, you'll have caf�s, restaurants, IGA, Club Lime and medical services close at hand. Stromlo Forest Park, Stromlo Leisure Centre, local parks and walking and cycling trails are also nearby, with Canberra City approximately 15 minutes away.
Offering the flexibility of an additional room, a generous 15.5m� balcony and a sought-after north-facing aspect, this is an excellent opportunity for first-home buyers, downsizers or investors looking for more than a typical one-bedroom apartment.
Property Features
� Spacious one-bedroom plus separate study floorplan
� Separate study with flexibility to be used as a second bedroom
� North-facing aspect with elevated views across Denman Prospect and surrounding hills
� 60m� internal living area (approx.)
� Generous 15.5m� balcony (approx.)
� Light-filled open-plan living and dining
� Contemporary kitchen with generous island bench
� Stone benchtops, quality appliances and ample storage
� Elegant brushed gold tapware
� Spacious bedroom with built-in wardrobe and direct balcony access
� Modern bathroom with quality finishes
� European laundry
� Warm timber-look flooring
� Reverse-cycle heating and cooling
� Double-glazed windows and doors
� 6-star EER
� Secure basement car space with storage cage
� Access to Marlu's swimming pool, gym and landscaped communal spaces
Location Features
Walking distance to Denman Village Shops, caf�s, restaurants and medical services
Moments from Club Lime Denman Prospect
Close to local parks, playgrounds and walking and cycling trails
Easy access to Stromlo Forest Park and Stromlo Leisure Centre
Convenient access to the National Arboretum
Approximately 15 minutes to Canberra City
Easy access to Belconnen, Woden and Tuggeranong via the Tuggeranong Parkway
Set within the growing community of Denman Prospect
Internal: 60m� (approx.)
Balcony: 15.5m� (approx.)
Total: 75.5m� (approx.)
EER: 6 stars
Built: 2022
Rates: $458 p/q (approx.)
Body Corporate fees: $763 p/q (approx)
Disclaimer:
Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Photography Disclaimer: Some images may have been virtually staged to better showcase the true potential of the rooms and spaces in the home. Alternatively, while the property may have been staged for photography, it might be vacant during your inspection.
Listing description written by LJ Hooker Canberra City, LJ Hooker Canberra City — reproduced as published, not verified by Districts.