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ACT › Phillip › Bowes St

U302, 15 Bowes St, Phillip ACT 2606

For saleApartment

$420,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $420,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $420,000(Listing record · 15 Feb 2023)
  • CalculationAsk is 34% 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 5.45% — 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

$420,000

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

-34.4%

Median sale

Suburb $640,000

+1.88 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
$420,000
Stamp Duty (Australian Capital Territory)
$8,680
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
$432,876

$12,876 on top of the price (3.1% 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
3.95%
Annual cashflow (pre-tax)
$-5,260
Interest cover (DSCR)
0.76
Annual rent
$22,880
Operating expenses
$6,300
Loan amount
$336,000
Annual interest
$21,840
Gross yield
5.45%

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$420,000available15 Feb 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 $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 5.4%. 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 Bowes St →

Listing material

Listed by Ming Sun Real Estate

Investment Opportunity $420,000-- Sell with Lease $630/week

Follow this property/Make an EOI offer:

https://forms.propps.com/form/lst_aevwlhYgdJMv?propps_atr_id=UKps6n9MFXvbVhgt1z0L#propps:lst_aevwlhYgdJMv

Room Tour Video: https://youtube.com/shorts/qiVuFIUcZ7Y

Read the full description

Sell with Lease $630/week -leased from 19/12/2025 to18/12/2026

Positioned in the geographical heart of Canberra, Grand Central Towers is surrounded by endless amenity puts you close to everything, and everywhere.Towering over the heart of the Woden Town Centre, Grand Central Towers is just a stone's throw away from Westfield Shopping centre, Police Station and Parliament House triangle. Government is also investing in the area’s growth, with the development of the light rail, the extension of the hospital and by moving CIT’s city campus to Woden.

Maximising space with 66 m2 was front of mind when configuring the one bedroom and one study with wardrobe layout to ensure that no space was wasted. The colour palette throughout is deliberately neutral, with the use of soft hues and natural materials, a blank canvas to make your own. For those seeking even more room or extra rental income , you will love the extra study/bedroom.

Premium inclusions are standard at Grand Central Tower and this apartment is no exception.The apartment contains Smeg appliances, stone bench-tops and full size laundry. Full-height double glazed windows frame the outside world providing ample light and peace and quiet.The rooftop retreat located at level 5 with reflection pond -- resident infinity pool, gym, dining room, lounge and secure resident parking, car wash and bike workshop.

Secure this north facing apartment today and be a part of becoming the most desirable town centre in Canberra.

Features:

• 58m2 Living & 8m2 Balcony

•one bedroom and one study with wardrobe layout

• 3rd floor north facing

• stone benchtops

• Smeg kitchen appliances-Brand new

• Canberra landmark view

• Secured and next door car parking and storage

• Bus interchange and future major light rail stop at your doorstep

• Leafy stroll to Westfield,Woolworth’s, Chemists, cafes, bars and restaurants

Rates Approx: $348.75/QTR

Land Tax Approx: $403/QTR

Strata Approx: $866.39/QTR

Rental income: $630/ week leased from 19/12/2025 to18/12/2026

Make an offer: https://forms.propps.com/form/lst_aevwlhYgdJMv?propps_atr_id=UMjDkauU3bpYSd2ZAznA#propps:open

Disclaimer :

All information is provided in good faith and for general guidance only. Interested parties should rely on their own enquiries. The agent, agency, and vendor accept no liability for any errors, omissions, or inaccuracies.

【最受欢迎的户型 Woden一房一书房 立刻入住堪培拉的中心或者高回报收租】

距离首都市中心和澳大利亚国立大学仅 8分钟就可以到达位于首都内南Woden中心的Grand Central Tower公寓。

Woden社区不仅融合了许多的餐厅、咖啡馆、酒吧、健身房和亚洲超市,同时具有全配套各学龄的校区和市民服务中心。作为首都最早的商业中心区域,本间公寓不仅紧邻公交总站和轻轨而且楼下即是澳洲最大的连锁商场西田百货拥有上百家商店和旗舰店满足一切日常需求。政府大力支持正在建设的堪培拉技师学院和扩建中的首都总医院也让你既能享受就医的便利又能拥有高质量的生活体验的同时又有大量高收入租客对房源的需求。

本间北朝向带有地标景色的公寓布局将 66平方米的空间最大化利用。公寓配有欧式高端品牌Smeg电器,双层玻璃落地大窗,洗衣房和第二间卧室/书房。买下这间公寓,入住首都的中心和国会做邻居。

房屋状况:近新现房 带租约出售高回报

Listing description written by Ming Sun, Ming Sun Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Fully Fenced
  • Gym
  • Intercom
  • Outdoor Entertaining
  • Pay TV
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
  • Toilets: 1
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.