Parkes at a glance
No data
Median sale
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Median rent
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Suburb gross yield
ACT › Parkes › 44 Constitution Ave
$800,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
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
$800,000
Asking
No recorded sale for this property.
Parkes at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$29,346 on top of the price (3.7% 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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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 and no suburb rent aggregate are loaded. No comparable official bond series. Listing figures only, labelled low confidence.
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.
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
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. No comparable official bond series. Listing figures only, labelled low confidence.
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
Parkes at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by LJ Hooker Project Marketing - ACTConstruction complete. Move in before Christmas.
This truly exceptional single level penthouse features an abundance space with 178spm of living and a 49sqm balcony. The home provides options for formal and informal living and dining areas, along with a segregated multipurpose room and the rare addition of an ethanol fireplace. The lavish 2.7-metre-high ceilings and walls of floor to ceiling double glazed windows enhance the sense of space while bathing the apartment in natural sunlight and spectacular views across Lake Burley Griffin.
The elegant kitchen with large island benchtop combines beautiful craftsmanship with practical design thanks to a generous walk-in pantry, 900mm Miele appliances including the externally ducted rangehood and overhead feature glazed cabinetry.
The opulent bathrooms are graceful in design showcasing quality fixtures with double basins and under floor heating elevating the level of comfort. The huge main bedroom includes a very generous walk-in wardrobe and executive ensuite with bathtub and double vanity.
A double car garage in the basement provides maximum security and privacy.
A Location Like No Other:
Whilst there are endless advantages of The Griffin, there are none as extraordinary as the location and accompanying lifestyle.
As the only residential offering in the suburb, it is likely that you are unfamiliar with the location of Parkes. However, you will find that the site is both remarkable and very well known. Situated on Constitution Avenue, the same cafe-lined street that continues into Campbell, and abutting Anzac Parade, the Griffin will take pride of place on the landmark Anzac West Building site.
The Griffin gazes over Commonwealth Park and Lake Burley Griffin, sits alongside the city and is beautifully backdropped by Mt Ainslie. Your access to the best of Canberra is completely unimpeded.
The Griffin's Luxurious Lifestyle:
The Griffin offers outstanding amenities onsite including a health and wellness centre with 25m indoor lap pool, steam and sauna rooms, separate weights and cardio gyms, large outdoor gardens and a true highlight is the direct pedestrian access to the lake and park which expands your backyard in just moments.
The Griffin Concierge is also available to be your helping hand when you need it, whether it be newspaper deliveries, receipt of online grocery deliveries with cold-stores available or mail collection and more.
Take a virtual tour of the display unit and the display suite online, or explore the whole development using the interactive 3D model on the website.
Virtual tours: https://thegriffinparkes.com/virtual-tour-of-the-display-suite/
Features:
. Under floor heating to all bathrooms
. Elegant kitchen with 30mm stone benchtops, feature glass overhead cabinets & soft close drawers
. 900mm premium Miele appliances with mechanical, externally vented rangehood & walk-in pantry
. 2.7-metre-high ceilings
. Floor to ceiling double glazed windows
. Fully ducted reverse cycle heating & cooling
. Quality engineered timber floors
. Concierge service
. 25m indoor lap pool, steam room & sauna, separate cardio & weight gyms
. Fibre optic broadband
. Video intercom system for visitors
. 270 day maintenance period
. Direct pedestrian and bicycle access to Lake Burley Griffin
. Walking distance to iconic Canberra landmarks
3 bedroom display apartment open by appointment only.
Listing description written by Andrew Ligdopoulos, LJ Hooker Project Marketing - ACT — reproduced as published, not verified by Districts.