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.
$770,000
For sale
Asking
3
Bedrooms
3
Bathrooms
0
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
$770,000
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.
Vs Turner
-46.3%
Median sale
Suburb $1,435,000
+1.50 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.
$27,576 on top of the price (3.6% 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 Turner'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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 3.2%. 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.
Nearby
Area
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.
Listing material
Listed by Cercis PropertyThis place is currently tenanted for $780 per week until the end of October 2023.
Welcome to your dream home! Nestled in the highly sought-after area of Turner, this stunning property at 146/56 Forbes St offers an incredible lifestyle filled with comfort, convenience, and modern elegance. As a resident, I can confidently say that this is a place where dreams come true. Let me give you a glimpse into the remarkable features and benefits of calling this place home.<br><br>Step inside this beautifully designed apartment, and you'll immediately be greeted by an abundance of natural light flooding through the large windows, creating a warm and inviting atmosphere throughout. The open-plan living area seamlessly connects the living, dining, and kitchen spaces, making it perfect for entertaining guests or spending quality time with your loved ones.<br><br>Prepare to be amazed by the spacious and contemporary kitchen, equipped with top-of-the-line appliances, ample storage, and sleek countertops. As someone who loves to cook, I can attest that this kitchen is an absolute joy to work in.<br><br>This property boasts three generously sized bedrooms, providing plenty of space for you and your family. The master bedroom features a luxurious ensuite bathroom, ensuring a private sanctuary for relaxation. The additional two bedrooms are equally spacious and share a beautifully designed second bathroom, complete with modern fixtures and finishes.<br><br>No need to worry about parking in this bustling neighborhood! This property comes with not one but two dedicated car spaces, ensuring convenience and peace of mind for you and your guests.<br><br>As you step outside onto the private balcony, you'll be greeted by views of the community garden . It's the perfect spot to enjoy your morning coffee or unwind after a long day, immersing yourself in the tranquility and beauty of Turner.<br><br>Located in one of Turner's most prestigious areas, this property offers easy access to a range of amenities, including trendy cafes, renowned restaurants, vibrant shopping precincts, and picturesque parks. You'll also find yourself in close proximity to excellent schools and public transportation options, ensuring a seamless and convenient lifestyle.<br><br>Don't miss this incredible opportunity to make 146/56 Forbes St your own. Contact us today to arrange a viewing and experience the epitome of luxury living firsthand. I can assure you that once you step foot in this magnificent home, you'll never want to leave!<br><br> Key Features:<br><br> Three spacious bedrooms, including a master with ensuite<br> Open-plan living, dining, and kitchen area<br> Modern and well-equipped kitchen with ample storage<br> Two elegant bathrooms with contemporary finishes<br> Abundance of natural light throughout<br> Private balcony with stunning cityscape views<br> Two dedicated car spaces for your convenience<br> Close proximity to amenities, schools, and public transportation<br><br>Contact us now to secure your dream home at 146/56 Forbes St Turner!
Recent sales in the area
106/55 Dooring St, Dickson ACT 2602 - $820k - Sold on 26 May 2023
27/90 Lowanna St, Braddon ACT 2612 - $920k - Sold on 16 June 2023
107/1 Mouat St, Lyneham ACT 2602 - $775k - Sold on 12 May 2023
Listing description written by Steven Han, Cercis Property — reproduced as published, not verified by Districts.