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ACT › Kingston › Kennedy St

U39, 18 Kennedy St, Kingston ACT 2604

For saleApartment

$790,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $790,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $790,000(Listing record · 3 June 2026)
  • CalculationIf it leased at Kingston's advertised median rent ($510/wk), implied gross yield would be 3.36% — 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

$790,000

Asking

No recorded sale for this property.

Kingston at a glance

7,479

People

No data

Median sale

$510/wk

Median rent

No data

Suburb gross yield

See the full Kingston report →

Total cost to purchase

Purchase Price
$790,000
Stamp Duty (Australian Capital Territory)
$24,560
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
$818,756

$28,756 on top of the price (3.6% 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 Kingston's advertised median rent — not a rent for this listing.

Net yield
1.86%
Annual cashflow (pre-tax)
$-26,410
Interest cover (DSCR)
0.36
Annual rent
$26,520
Operating expenses
$11,850
Loan amount
$632,000
Annual interest
$41,080
Gross yield
3.36%

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$790,000available3 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 $510/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 3.4%. 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

Kingston in one glance

Kingston at a glance

7,479

People

No data

Median sale

$510/wk

Median rent

No data

Suburb gross yield

See the full Kingston report →

Keep researching

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

Listing material

Listed by Francis Properties Canberra

124m2 | Close to everything | Polished solid timber floors

Kingston hardly needs an introduction, but opportunities like 39/18 Kennedy Street are always in demand. Positioned within the sought-after Kingston Place development, this spacious two-bedroom apartment combines generous proportions, leafy surrounds and an unbeatable Inner South lifestyle.

Set back within the complex, the apartment enjoys a peaceful outlook into the surrounding tree canopy, creating a sense of privacy and calm that is increasingly rare in such a central location. Natural light filters throughout the home, while the well-considered floorplan provides excellent separation between the living and bedroom zones.

The open-plan living and dining area forms the heart of the home, offering a welcoming space to relax or entertain. Large windows frame the leafy outlook and enhance the feeling of space, while the recently renovated kitchen brings a fresh, contemporary edge with brand-new cabinetry, quality appliances, updated benchtops and stylish tiling throughout.

Read the full description

A wide hallway creates a natural division between the living areas and accommodation wing. Both bedrooms are generously sized and include built-in robes, while the main bedroom benefits from its own ensuite. The second bathroom is conveniently positioned to service guests and the second bedroom.

Adding to the appeal is the highly sought-after inclusion of two secure underground car spaces, providing flexibility and convenience rarely found in apartment living.

The location is exceptional. Directly opposite the Kingston Shops and only moments from the vibrant Kingston Foreshore, Manuka Village and Lake Burley Griffin, this is a home that places some of Canberra's best dining, entertainment and recreational amenities at your doorstep. The Parliamentary Triangle, Barton offices and Canberra CBD are all within easy reach, making it an ideal choice for professionals, downsizers and investors alike.

Offering space, lifestyle and convenience in equal measure, this is Inner South living at its best.

Summary of features:

- Separate built in study desk

- Generous corner floor plan with light on two sides

- Gourmet kitchen with plenty of storage

- Bright and sunny

- Main bedroom with walk in wardrobe and ensuite bathroom

- Second bedroom with built in wardrobe

- Ducted, reverse cycle air conditioning and heating

- Large wrap around balcony

- Secure building with lift access

- Two car spaces and storage cage

- Premium location opposite Kingston Shops

- Walking distance to Manuka, Lake Burley Griffin, Kingston Foreshore and the Parliamentary Triangle

Located close to:

Kingston Shops - 2 minute walk

Kingston Foreshore - 10 minute walk

Lake Burley Griffin - 10 minute walk

Manuka Village - 15 minute walk

Fyshwick Retail Markets - 4 minute drive

Parliamentary Triangle - 5 minute drive

Canberra CBD - 10 minute drive

Currently tenanted till Sep 2026

Key figures (approx.):

Living area: 100m2

Balcony 24m2

Total 124m2

EER: 4 stars

Body Corporate Fees per quarter: $2209.55

Rates per quarter: $620

Rental estimate: $800 - $825 per week

Listing description written by Jeremy Francis, Francis Properties Canberra — 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.