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ACT › Turner › Macleay St

U5, 52 Macleay St, Turner ACT 2612

For saleApartment

$750,000–$800,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $750,000–$800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $750,000–$800,000(Listing record · 27 Mar 2026)
  • CalculationAsk is 48% below the Turner median recorded sale ($1,435,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Turner's advertised median rent ($480/wk), implied gross yield would be 3.33% — 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

$750,000–$800,000

Asking range

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.

See the full Turner report →

Vs Turner

-47.7%

Median sale

Suburb $1,435,000

+1.59 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.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$750,000
Stamp Duty (Australian Capital Territory)
$22,200
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
$776,396

$26,396 on top of the price (3.5% 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

Based on the low end of the asking range, not a contract price.

Pre-filled with Turner's advertised median rent — not a rent for this listing.

Net yield
1.83%
Annual cashflow (pre-tax)
$-25,290
Interest cover (DSCR)
0.35
Annual rent
$24,960
Operating expenses
$11,250
Loan amount
$600,000
Annual interest
$39,000
Gross yield
3.33%

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$750,000–$800,000available27 Mar 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 $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.

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 3.3%. 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

Turner in one glance

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.

See the full Turner report →

Keep researching

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

Listing material

Listed by Paul and Robyn Sutton Properties

"The George Apartments" - Stunning 105 m2 Two Bedroom In Boutique Complex

Located on the edge of the City and in easy walking distance to the Australian National University ANU this modern and spacious 2 bedroom executive apartment is a rare offering in the sought after Inner North suburb of Turner.

Showcasing all the comforts of modern living it is sure to impress. Exuding style and quality throughout, the open floor plan takes full advantage of relaxing treetop views through floor to ceiling windows. Leading off the living areas, through double glazed glass sliding doors, is a large balcony which provides the perfect spot to entertain friends.

A state of the art galley style kitchen is the central hub of the apartment and boasts caesarstone bench tops, stainless steel appliances and glass splashback. There is secure side by side parking for 2 cars with automatic door, reverse cycle air conditioning, and an array of other quality appointments. The complex also offers large shared rear yard with grassed area.

Read the full description

The spacious master bedroom showcases a relaxing outlook onto trees rich with bird life, reverse cycle air conditioning unit and ensuite with designer two basin vanity. Bedroom two gathers the morning sun and has its own ensuite with high quality inclusion.

A great opportunity for the astute investor or a rare chance to secure your dream apartment in the modern boutique "The George Apartments" complex in the heart of Turner.

It is currently leased until 29th May 2026. Inspection highly recommended.

Feature Summary:

• Spacious 2 bedroom apartment in boutique complex

• Huge 105 m2 of living area (approx)

• Relaxing treetop views

• Double glazing throughout

• Dining area + Lounge area

• 2 large bedrooms

• Balcony off living room

• Floor to ceiling double glazed windows

• LED down-lights throughout

• Galley style kitchen with caesarstone bench tops & stainless steel appliances

• 2 ensuites

• Complex has private backyard with grassed area

• Side by side car parking for 2 cars

• Large storage cage

• Only a stroll away from the City, University, cafes, shops and night-life of the City

• Reverse cycle air-conditioning

• Quality inclusions

• Desirable location

• Levies: $2,029.89 p/q (approx)

• Rates: $825.00 p/q (approx)

• Land tax: $1200 p/q (approx) (Investors only)

• EER: 5.5

Disclaimer: Please note that while all care has been taken regarding general information and marketing information compiled for this sale advertisement, Paul & Robyn Sutton Properties does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective buyers or tenants to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Listing description written by Paul Sutton, Paul and Robyn Sutton Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Intercom
  • Reverse Cycle Aircon
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.