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ACT › Turner › Northbourne Ave

U107, 77 Northbourne Ave, Turner ACT 2612

For saleApartment

$530,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $530,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $530,000(Listing record · 25 Sept 2023)
  • CalculationAsk is 63% below the Turner median recorded sale ($1,435,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Turner's advertised median rent ($480/wk), implied gross yield would be 4.71% — 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

$530,000

Asking

No recorded sale for this property.

Turner at a glance

4,894

People

$1,435,000

Median sale

$480/wk

Median rent

1.74%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Turner report →

Vs Turner

-63.1%

Median sale

Suburb $1,435,000

+2.97 pp

Gross yield

Suburb 1.74%

Suburb median $1,435,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$530,000
Stamp Duty (Australian Capital Territory)
$12,696
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
$546,892

$16,892 on top of the price (3.2% 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 Turner's advertised median rent — not a rent for this listing.

Net yield
3.21%
Annual cashflow (pre-tax)
$-10,550
Interest cover (DSCR)
0.62
Annual rent
$24,960
Operating expenses
$7,950
Loan amount
$424,000
Annual interest
$27,560
Gross yield
4.71%

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$530,000available25 Sept 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 $480/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 4.7%. 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

Turner in one glance

Turner at a glance

4,894

People

$1,435,000

Median sale

$480/wk

Median rent

1.74%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Turner report →

Keep researching

  • Why Turner? Read the area thesis →
  • What else is on the market in Turner →
  • Other records on Northbourne Ave →

Listing material

Listed by Cercis Property

Spacious City Retreat

Step into the cosmopolitan lifestyle with this expansive 1-bedroom, 1-bathroom apartment with a versatile study, ideally located in the bustling Turner district. Having been a proud resident of this contemporary abode, I can attest to the unique blend of convenience, comfort, and city charm it offers.<br><br>Upon entry, you're greeted by a generous open-plan living space bathed in natural light from large external-facing windows. With a staggering 82 square meters of living space, the area has been the backdrop of numerous lively dinners, relaxed movie nights, and quiet evenings enjoying the ever-changing cityscape.<br><br>The modern kitchen seamlessly blends into the living area, equipped with top-quality appliances and ample storage. From hearty breakfasts to lavish dinners, this kitchen has been a joy to cook in, adding a flavorful touch to the city living.<br><br>The spacious bedroom offers a peaceful retreat from the city's hustle and bustle. But the crown jewel is the spectacular view of the majestic Black Mountain and the iconic Telstra Tower from the comfort of your own bed - a sight I've relished every day.<br><br>One of the standout features of this apartment is the dedicated study with a closable door. This versatile space can serve as a home office, a hobby room, or even as a second bedroom. Over the years, this flexi-room has adapted to my changing needs, adding to the property's appeal.<br><br>The well-appointed bathroom is both modern and spacious, adding to the overall comfort of the home. The combined laundry facilities add to the apartment's convenience and practicality.<br><br>An additional perk is the secure garage parking space - a true luxury in this lively urban district. Having a dedicated parking spot has simplified city living, making commutes and trips hassle-free.<br><br>Step outside onto the 7 square meter balcony, and you'll truly understand why I fell in love with this place. The stunning panoramic views, fresh air, and extra outdoor living space make it a perfect spot for morning coffees, evening wines, or just soaking up the city's vibrant energy.<br><br>Nestled in the heart of Turner at 107/77 Northbourne Ave, this apartment offers the best of city living. It's just a stone's throw from bustling cafes, gourmet restaurants, chic boutiques, and local amenities. The vibrant neighborhood and its proximity to the city center have been a true delight to experience.<br><br>Whether you're a young professional, an investor, or someone seeking a city retreat with space and stunning views, this property presents an exceptional opportunity. I invite you to see for yourself what makes this apartment special. Please reach out to schedule a private viewing - I'm certain you'll appreciate the spacious living, versatility, and stunning views of 107/77 Northbourne Ave, Turner, just as I have.

Listing description written by Alice Wang, Cercis Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Intercom
  • Pool
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.