Belconnen at a glance
9,592
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
ACT › Belconnen › Eastern Valley Way
$525,000
For sale
Asking
2
Bedrooms
2
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
$525,000
Asking
No recorded sale for this property.
Belconnen at a glance
9,592
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
$16,676 on top of the price (3.2% 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 Belconnen'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 $430/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 4.3%. 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
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
UnknownNearby 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.
Area
Belconnen at a glance
9,592
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Agent Team CanberraINVESTORS TAKE NOTE: Currently tenanted at $600 per week until 20 August 2027, providing secure rental income from day one. Inspections are available by appointment to respect the existing tenancy.
Positioned in the heart of Belconnen Town Centre, this stylish two bedroom apartment offers the perfect blend of convenience, comfort and lifestyle. Whether you're a first home buyer looking to secure a premium location, a professional wanting a walkable lifestyle, a downsizer seeking low maintenance living or an investor searching for strong tenant appeal, 603/120 Eastern Valley Way presents an outstanding opportunity in one of Canberra's most connected precincts.
Designed for modern living, the apartment features a spacious open plan kitchen, dining and living area that flows seamlessly to a private balcony with a pleasant West facing outlook. The well-appointed kitchen combines functionality and style with quality Electrolux appliances, induction cooking, ample storage, breakfast bar seating and sleek contemporary finishes. Split system heating and cooling, LED lighting, quality window furnishings and a thoughtful floorplan create a comfortable home ready to move straight into.
The accommodation offers two generous bedrooms, including a master suite with direct balcony access, mirrored built in wardrobes and a private ensuite. Both bathrooms feature full height tiling and modern finishes, while practical additions such as a European laundry, linen storage, tandem basement parking and a secure storage cage make everyday living effortless.
What truly sets this property apart is its position within the highly regarded Wayfarer development. Renowned as one of Belconnen's premier apartment communities, Wayfarer offers residents exclusive access to exceptional facilities including a heated indoor pool, the spectacular Sky Lounge, secure entry systems and multiple lift access points. The development has become highly sought after by both owner occupiers and investors due to its quality construction, resort style amenities and unbeatable location.
From your front door, you can walk to Lake Ginninderra, Westfield Belconnen, Woolworths Metro, Grazier Lane dining precinct, CISAC, public transport and a wide range of cafes, restaurants and entertainment options. The University of Canberra, Calvary Hospital and Canberra CBD are all within easy reach, making this one of the most convenient locations in the ACT. Offering lifestyle, convenience and long-term appeal in equal measure, this is apartment living at its best.
Property Features:
• Open plan kitchen, dining and living area with balcony access and West facing outlook
• Modern kitchen with breakfast bar seating, Electrolux appliances: induction cooktop, oven, grill, microwave, dishwasher, pantry cupboard, shelving and ample storage
• Carpet to living and bedrooms
• Tiling to wet areas
• LED downlights
• Sheer and block out roller blinds
• Split system heating and cooling to living area and master bedroom
• Master bedroom with mirrored built in wardrobe and direct balcony access
• Additional bedroom with a built in wardrobe
• Ensuite and main bathroom with full width shower, floor to ceiling tiling, vanity, mirrored shaving cabinet and toilet
• European laundry with dryer
• Linen cupboard
• Private balcony
• Secure intercom and fob access
• Tandem basement parking with storage cage
• Secure foyer with parcel lockers and letterboxes
• Three lift access points
• Located within the premium Wayfarer development
• Vacant and ready for immediate occupancy
• 26 level building with Sky Lounge and heated indoor pool
• Resort style facilities and secure resident access
• Walk to Westfield Belconnen, Lake Ginninderra, restaurants, cafes and public transport
• Minutes to the University of Canberra, CISAC and major employment hubs
• Exceptional lifestyle location in the heart of Belconnen Town Centre
Nearby Amenities:
Bus Transport – at doorstep
Woolworths Metro – 250m (4 min walk)
Grazier Lane Shops - 250m (4 min walk)
CISAC – 200m (3 min walk)
Lake Ginninderra – 250m (4 min walk)
Florey Primary School – 4.7km (6 min drive)
Macquarie Primary School – 3.5km (6 min drive)
Canberra High School – 1.5km (3 min drive)
Belconnen High School – 5.0km (6 min drive)
Lake Ginninderra College - 200m (3 min walk)
Belconnen Fresh Fruit Markets – 1.4km (4 min drive)
Westfield Belconnen – 800m (11 min walk)
Calvary Private Hospital – 2.7km (5 min drive)
Canberra CBD – 7.6km (9 min drive)
Property Specification:
Built: 2017
Builder: Hindmarsh
LEVEL 6 Internal living: 70m2
Balcony: 12m2
Total: 82m2
LEVEL 4 Car Space: 16m2
Storage Unit: 2m2 approx
Energy Efficiency Rating (EER): 6 Stars
Rates: $426.00pq approx
Land Tax (Investors Only): $478.11pq approx
Strata Manager: LJ Hooker Strata (1800 383 333)
Body Corporate (Admin + Sinking): $1,023.30pq approx
Administrative Fund: $335,123.41 (as of 20.5.26)
Sinking Fund: $414,797.40 (as of 20.5.26)
Units in Complex: 237
Estimated Weekly Rent $600pw
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.
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Listing description written by Steve Lowe, Agent Team Canberra — reproduced as published, not verified by Districts.