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ACT › Phillip › Furzer St

U1106, 2 Furzer St, Phillip ACT 2606

For saleApartment

$560,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $560,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $560,000(Listing record · 5 June 2026)
  • CalculationAsk is 13% below the Phillip median recorded sale ($640,000, n=7, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Phillip's advertised median rent ($440/wk), implied gross yield would be 4.09% — 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

$560,000

Asking

No recorded sale for this property.

Phillip at a glance

7,528

People

$640,000

Median sale

$440/wk

Median rent

3.57%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Phillip report →

Vs Phillip

-12.5%

Median sale

Suburb $640,000

+0.52 pp

Gross yield

Suburb 3.57%

Suburb median $640,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$560,000
Stamp Duty (Australian Capital Territory)
$13,992
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
$578,188

$18,188 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 Phillip's advertised median rent — not a rent for this listing.

Net yield
2.59%
Annual cashflow (pre-tax)
$-14,640
Interest cover (DSCR)
0.50
Annual rent
$22,880
Operating expenses
$8,400
Loan amount
$448,000
Annual interest
$29,120
Gross yield
4.09%

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$560,000available5 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 4.1%. 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

Phillip in one glance

Phillip at a glance

7,528

People

$640,000

Median sale

$440/wk

Median rent

3.57%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Phillip report →

Keep researching

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

Listing material

Listed by LJ Hooker Woden and Weston

SECURE YOUR FUTURE WITH THIS PRIME INVESTMENT IN THE HEART OF PHILLIP

Welcome to your new home in the heart of Phillip. This brand-new 2-bedroom, 2-bathroom apartment combines modern living with an unbeatable location. Spanning over 75m², it's perfect for couples, first home buyers or a savy investors seeking a vibrant community. The apartment offers contemporary amenities, including a split system air conditioning, built-in robes, and a functional and modern kitchen with a dishwasher. Spacious and adaptable, this unit stands out with just a short walk to Woden Westfield.

Light streams into this exceptionally spacious apartment from every window which allows you to enjoy the outstanding elevated views. The spacious living and dining area is enhanced by the access to the balcony area allowing all year round entertaining.

An ideal time to secure a high calibre property within the flourishing Woden Valley - enjoy walking distance to the Woden Town Centre, future CIT and light rail, The Canberra Hospital and ACT Government offices. Lifestyle and living conveniences are truly endless here.

Read the full description

Enjoy the security of a dedicated and secure parking space and take advantage of the building's communal features, including a gym, cinema, pool, and more. For added peace of mind, the property is equipped with a video intercom system and fob access to all areas.

Building Amenities:

• Lap pool & sauna

• Resident private cinema

• Co-working spaces

• Contemplative rooftop terrace Garden

• Fitness studio

• Bar club lounge

• Chef's kitchen & dining room

Features & inclusions:

• Accessible unit

• Amazing 11th floor views

• Recessed LED downlights

• 20mm reconstituted stone benchtop

• Smeg 4-zone cooktop, 60mm oven and freestanding dishwasher plus fully ducted rangehood

• 4.5kg vented dryer

• Reverse cycle split system to each living and master bedroom

• CAT 5 cabling

• Secure access carspace and storage cage

• Rented out at $600 p/w

Essentials:

- Completion year: 2024

- Strata: $2.661 p.a. (approx)

- Rates: $1,435 p.a. (approx)

- Land tax: $1,795 p.a. (approx) investors only

- Rental estimate: $600 p/w

- EER: 6 stars

- Living space: 75 sqm

- Balcony space: 3 + 8 = 11 sqm (two balconies)

Listing description written by Charles Martin, LJ Hooker Woden and Weston — 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.