Griffith at a glance
5,851
People
$2,068,500
Median sale
$462/wk
Median rent
1.16%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
ACT › Griffith › Mcmillan Cres
$350,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
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
$350,000
Asking
No recorded sale for this property.
Griffith at a glance
5,851
People
$2,068,500
Median sale
$462/wk
Median rent
1.16%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Griffith
-83.1%
Median sale
Suburb $2,068,500
+5.70 pp
Gross yield
Suburb 1.16%
Suburb median $2,068,500 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$10,496 on top of the price (3.0% 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 Griffith'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 $462/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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 6.9%. 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
UnknownArea
Griffith at a glance
5,851
People
$2,068,500
Median sale
$462/wk
Median rent
1.16%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Agent Team CanberraINVESTORS TAKE NOTE: Currently tenanted at $430 per week until 30 August 2027, providing secure rental income from day one. Inspections are available by appointment only to respect the existing tenancy.
Positioned within the leafy and tightly held McMillan Gardens complex, this beautifully presented ground floor apartment offers an exceptional opportunity to secure a low maintenance home in one of Canberra's most desirable Inner South locations. Whether you're a first home buyer, investor, student, downsizer or professional seeking convenience and lifestyle, this charming one-bedroom residence places everything you need right at your doorstep.
Bathed in natural light, the open plan kitchen, dining and living area creates an inviting space to relax and unwind. The well-appointed kitchen features generous bench space, soft close cabinetry, a Smeg induction cooktop, pendant lighting and timber flooring, while raked 2.8 metre ceilings enhance the sense of space throughout. Split system air conditioning provides year-round comfort, and the thoughtfully designed floorplan maximises both functionality and liveability.
The spacious bedroom is complete with a built in wardrobe, study nook or vanity area, pendant lighting and its own split system air conditioner, making it ideal for those working or studying from home. A modern bathroom with full height tiling, mirrored shaving cabinet and quality finishes adds further appeal, while the combined kitchen and laundry includes additional shelving and a washing machine for added convenience. Outside, a covered front porch and dedicated car space located directly at your doorstep make everyday living effortless.
Residents of McMillan Gardens enjoy access to a renovated communal swimming pool, visitor parking and beautifully maintained grounds, all while being moments from Kingston Railway Station, Kingston Foreshore, Manuka, Fyshwick Markets, the Parliamentary Triangle and Canberra City. With sought after schools, public transport, Government Departments, the Australian National University and the University of Canberra all within easy reach, this is a fantastic opportunity to secure a quality apartment in a location that continues to be highly sought after by owner-occupiers and tenants alike.
Property Features:
• McMillan Gardens, a leafy, quiet and well-maintained complex
• Ground floor, one bedroom apartment with an open plan kitchen, dining and living area
• Kitchen with generous benchtop space, soft close cabinetry, Smeg induction cooktop, pendant lighting and timber flooring
• Carpet to the living area and bedroom
• Split system air conditioning to the open plan living
• Raked 2.8m ceilings creating a light and spacious feel
• Master bedroom with built in wardrobe, pendant lighting, study nook/vanity area, and split system air conditioning
• Block out curtains
• Modern bathroom with full height tiling, mirrored shaving cabinet, shower and toilet
• Combined kitchen and laundry with shelving (washing machine included)
• Electric hot water system
• Covered front porch
• Designated external car space conveniently located right at your doorstep
• East facing aspect
• Renovated communal swimming pool
• Communal laundry and garbage enclosure
• Visitor parking available
• Low maintenance living in a prime Inner South location
• Ideal for first home buyers, downsizers and investors
• Easy access to public transport and local amenities
• Close distance to Kingston Railway Station, Fyshwick Markets, Narrabundah Shops, local schools and the Kingston Foreshore
• Just minutes to Manuka, Green Square, the Parliamentary Triangle, Government Departments and Canberra City
Nearby Amenities:
Manuka Oval – 1.8km (4 min drive)
Manuka Shops – 1.7km (4 min drive)
Kingston Railway Station – 900m (12 min walk / 2 min drive)
Kingston Shops (Green Square) – 1.5km (4 min drive)
Kingston Foreshore – 1.9km (5 min drive)
St Clare's College – 400m (5 min walk)
St Edmund's College – 230m (3 min walk)
(PEA) Telopea Park School (P–10) – 2.0km (5 min drive)
(PEA) Narrabundah College – 1.3km (3 min drive)
(PEA) Forrest Primary School - 2.9km (6 min drive)
(PEA) Red Hill Primary School – 4.0km (8 min drive)
Fyshwick Fresh Food Markets – 1.3km (3 min drive)
Narrabundah Shops – 1.2km (3 min drive / 15 min walk)
Parliament House – 3.5km (7 min drive)
Canberra City Centre – 5.6km (10 min drive)
The Canberra Hospital (Garran) – 7.2km (10 min drive)
University of Canberra – 11.2km (15 min drive)
Property Specification:
Built: 1994 approx
Internal living: 40m2
Car Space: 13m2
Energy Efficiency Rating (EER): 0.5 Stars
Rates: $774.85pq approx
Land Tax (Investors Only): $998.72pq approx
Strata Manager: Bridge Strata (02) 6109 7700
Body Corporate (Admin + Sinking): $951.28pq approx
Administrative Fund: $68,621.87 (as of 14/7/26)
Sinking Fund: $142,667.50 (as of 14/7/26)
Units in Complex: 61
Estimated Weekly Rent $430pw
To receive the Contract for Sale, Building Report and other relevant property documents, please complete the online request form. Documents are typically delivered to your email within 10 minutes, 24 hours a day, 7 days a week. Please check both your inbox and junk folder.
Under the ACT property sales process, an accepted offer does not constitute a binding agreement. The property may continue to be marketed, inspected and offered for sale until contracts have been formally exchanged.
Whilst every effort has been made to ensure the accuracy of the information provided, all figures, measurements, descriptions, plans, images and other details are approximate only and should not be relied upon as a representation of fact. Interested parties should make their own enquiries and obtain independent legal, financial and professional advice before making any decisions.
By submitting an enquiry, you consent to Agent Team contacting you regarding this property, similar properties, property market updates, and other real estate services that may be of interest to you. You may unsubscribe from marketing communications at any time. All personal information is collected, stored and handled in accordance with our Privacy Policy, available at agentteam.com.au.
Listing description written by Steve Lowe, Agent Team Canberra — reproduced as published, not verified by Districts.
Nearby 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.