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ACT › Narrabundah › Johnston St

9 Johnston St, Narrabundah ACT 2604

For saleHouse for Sale

$2,300,000–$2,380,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

974 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,300,000–$2,380,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,300,000–$2,380,000(Listing record · 11 June 2026)
  • CalculationAsk is 58% above the Narrabundah median recorded sale ($1,460,000, n=19, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narrabundah's advertised median rent ($440/wk), implied gross yield would be 0.99% — 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

$2,300,000–$2,380,000

Asking range · $2,361/m² of land

No recorded sale for this property.

Narrabundah at a glance

7,191

People

$1,460,000

Median sale

$440/wk

Median rent

1.57%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Narrabundah report →

Vs Narrabundah

+57.5%

Median sale

Suburb $1,460,000

-0.58 pp

Gross yield

Suburb 1.57%

Suburb median $1,460,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,300,000
Stamp Duty (Australian Capital Territory)
$104,420
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
$2,408,616

$108,616 on top of the price (4.7% 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

Based on the low end of the asking range, not a contract price.

Pre-filled with Narrabundah's advertised median rent — not a rent for this listing.

Net yield
-0.51%
Annual cashflow (pre-tax)
$-131,220
Interest cover (DSCR)
-0.10
Annual rent
$22,880
Operating expenses
$34,500
Loan amount
$1,840,000
Annual interest
$119,600
Gross yield
0.99%

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$2,300,000–$2,380,000available11 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 $440/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 1.0%. 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

Narrabundah in one glance

Narrabundah at a glance

7,191

People

$1,460,000

Median sale

$440/wk

Median rent

1.57%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Narrabundah report →

Keep researching

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

Listing material

Listed by Blackshaw Manuka

Substantial four bedroom home with quality one bedroom apartment below.

In the heights of Narrabundah on the Red Hill border, and adjacent to a newly redesigned green space and kids park, 9 Johnston Street offers a beautifully balanced blend of classic Narrabundah charm and sophisticated modern living. This versatile residence enjoys a sunny north-easterly rear aspect, filling the main living and kitchen zones with glorious natural light throughout the day.

Re-designed by award-winning architect Andrew Raszewski for flexibility and family comfort, the home features four spacious bedrooms plus a fully self-contained one-bedroom unit on the lower level, complete with its own entrance, kitchen, and bathroom - ideal for guests, extended family, teenagers retreat, family gym, commercial business use or for rental.

The main residence showcases recycled Eucalyptus floors from Thor's Hammer, double-glazed windows, and an inviting layout centred around the light-filled living and dining spaces. The kitchen also takes full advantage of the northern aspect, with incredibly private garden views, gas cooking, and generous storage, integrated fridge freezers, vast marble and stainless steel countertops. A serious kitchen which would be a pleasure to cook in.

Read the full description

A separate media room upstairs and a music or second lounge to the rear create multiple options for family living and quiet time.

All bathrooms are finished to an exceptional standard, featuring sleek marble vanities, white tiles, heated towel rails, while ducted gas heating ensures comfort throughout during the cooler months. The downstairs unit is underfloor heated.

Bedroom four is fitted with bespoke custom cabinetry, offering a stylish and functional work-from-home space with elevated views across the quiet, tree-lined street - the perfect spot for productivity or study.

Surrounded by established native gardens, a mature fig tree, and red brick-paved courtyards designed to capture the sun, the outdoor spaces are private, low-maintenance, offering effortless elegance for entertaining.

With a double garage and storage rooms under, excellent storage throughout, and a peaceful setting in one of Narrabundah's most loved pockets, this is an exceptional opportunity to secure a home that combines warmth, quality, multi-functionality and timeless appeal.

Moments from Red Hill Primary, St Bede's, St Benedict's, Canberra Grammar and Narrabundah College, Parliamentary triangle, as well as local cafés, transport, and the airport, this is Inner South living at its most charming and convenient.

* Modern residence in a quiet, leafy street adjacent to green space

* Four bedrooms + self-contained one-bedroom unit on lower level

* Back to base security system on both levels

* Northern aspect to kitchen and living zones

* Double-glazed windows and Thor's Hammer recycled Eucalyptus floors

* Sleek modern bathrooms with marble vanities and heated towel rails

* Sliding doors for house zoning and temperature control

* Ducted gas heating and gas cooking, zoned heating and air conditioning, solar hot water

* Bedroom 4 with custom cabinetry – ideal home office with elevated street views

* Separate media room upstairs; music/lounge room to the rear

* Double garage under with cellar plus large storage room

* Red brick-paved courtyards, native gardens, private hedges, underground tank and automatic watering

* Short walk to top schools, cafés, and public transport

Land Size: 974sqm (approx.)

Living Size: 416sqm of internal living + garage (approx.)

Rates: $5,608pa (approx.)

Land Tax: $11,098pa (approx.)

UCV: $1,050,000 (2025)

EER: 4.5

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 Louise Harget, 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.