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ACT › Phillip › Furzer St

U1705, 49 Furzer St, Phillip ACT 2606

For saleApartment

$555,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $555,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $555,000(Listing record · 7 July 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 4.12% — 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

$555,000

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

-13.3%

Median sale

Suburb $640,000

+0.55 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
$555,000
Stamp Duty (Australian Capital Territory)
$13,776
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
$572,972

$17,972 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
2.62%
Annual cashflow (pre-tax)
$-14,305
Interest cover (DSCR)
0.50
Annual rent
$22,880
Operating expenses
$8,325
Loan amount
$444,000
Annual interest
$28,860
Gross yield
4.12%

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$555,000available7 July 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 Linc Property Group

Elevated Woden living with a ready-made return.

Positioned high on level 17 of the tightly held W2 building, this apartment combines strong tenant appeal with a prime Woden Town Centre location, an ideal formula for investors seeking both immediate income and long-term growth.

The apartment retains a near-new feel, with a practical, low-maintenance design that consistently attracts quality tenants. The open-plan living area is filled with natural light through double-glazed windows and flows directly to the balcony, while the kitchen is well specified for everyday use, featuring a wide stone benchtop, induction cooking and integrated Asko appliances.

Both bedrooms include mirrored built-in robes and are separated for privacy, a layout that suits sharers, professionals or work-from-home tenants. The bathroom is finished with full-height tiling and a rain shower, with a discreet, functional laundry zone incorporated into the space.

Read the full description

Comfort and efficiency are well covered with two Mitsubishi reverse-cycle air conditioning systems, LED lighting throughout and a practical mix of timber laminate flooring, tiles and carpet. Secure lift access, basement parking and a lockable storage cage add to the property's broad tenant appeal.

The location underpins the investment. Westfield Woden sits directly next door, with cafes, restaurants, Canberra Hospital and the bus interchange all within easy walking distance, a proven drawcard for tenants.

The apartment is currently leased on a fixed-term agreement until late June at $600 per week, providing immediate rental income from settlement and a solid foundation for a long-term investment in one of Canberra's key town centres.

EER: 6.0

Unit Plan: 16310

Lot Number: 162

Body Corporate Manager: Vantage Strata

Bi-annual Levy Fee: $2,033.40 (approx.)

AUV 2025-2026: $8,725,000 (Unit entitlement: 0.471601%)

Land Rates: $1,896.69p/a (approx.)

Land Tax: $2,201.55p/a (if rented) (approx.)

Townhouse size (approximately) - Living: 68m2; Balcony: 9m2

What makes this apartment solely the right fit for you:

* Located in the recently completed W2 development in the heart of Woden

* Perched high on the 17th floor

* Experience the freshness and modernity of a one year old apartment

* Spacious and bright living environment enhanced by high-quality finishes and a seamless design

* Stunning westerly views to the Brindabella Mountains, offer a picturesque backdrop and provide a serene, natural escape right from your window

* Elegant kitchen with a large 40mm stone bench tops, ample storage and high-quality Asko appliances including an induction cooktop, an electric oven and an integrated dishwasher

* Generous open living/dining room with access to the covered balcony

* The bedrooms are located on opposite sides of the apartment and feature built-in robes with sleek mirrored sliding doors, combining style and practicality

* The bathroom/laundry features full-height tiling, a floating vanity, a mirrored cabinet, a toilet and a frameless shower screen along with both a rain head and hand-held shower hose, all contributing to a sleek and modern aesthetic

* Enjoy enhanced insulation and natural light through large double-glazed windows

* Combination of carpet, high-quality timber laminate floorboards and tiles, blend comfort with durability

* LED down-lights provide energy-efficient lighting throughout the entire apartment

* Enjoy year-round comfort with two Mitsubishi reverse cycle air conditioners - one in the living room and one in the main bedroom

* Secure and easy access with a lift and video intercom system for added safety

* Benefit from secure private underground parking with space for one vehicle and an allocated lockable storage space

* Positioned in the geographical heart of Canberra, right next to the Westfield Woden Shopping Centre, and only moments away from numerous dining and entertainment options, the Canberra Hospital, sought-after schools, sporting facilities, arterial roads, and the Woden Bus Interchange

Listing description written by Raj Sahu, Linc Property Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Gym
  • Intercom
  • Secure Parking
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.