Reid at a glance
2,063
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
ACT › Reid › Cooyong St
$450,000–$475,000
For sale
Asking range
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
$450,000–$475,000
Asking range
No recorded sale for this property.
Reid at a glance
2,063
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$13,896 on top of the price (3.1% 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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Reid'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 5.0%. 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
Reid at a glance
2,063
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White QueanbeyanThis fully furnished, self contained one-bedroom apartment presents a fantastic opportunity for anyone looking for a stylish living space in a vibrant location! Currently rented at $620pw (7% ROI), lease expires 20/11/2025.
Located in the Metropol development (building 1), directly opposite the Canberra Centre. Featuring open plan living, reverse cycle heating and cooling, timber floors and double-glazed windows. The kitchen is an unexpected delight with SMEG electric oven & cooktop along with a dishwasher for convenience. The bedroom is a good size with a generous built-in robe. The sophisticated and sleek bathroom is off the living room.
The unit enjoys views over the shared garden space, along with views across to Glebe Park and the city. There are some shared amenities in the development, including an outdoor pool, BBQ areas, rooftop gardens, and a kids' play area. This combination of modern living and prime location makes it appealing for both outdoor enthusiasts and urban dwellers.
The unit is adjacent to Glebe Park, with close proximity to the city for dining, shopping and night life. Reid is a historic suburb with older homes and leafy tree-lined streets. The development is also near CIT, Anzac Parade and several other city amenities.
At a glance …
Excellent location for those who spend time in the city
Foyers and corridors exude class and sophistication
Great-sized combined living and dining
Good-sized bedroom with built-in robe
Plenty of bench space in the kitchen
Stone benchtops
SMEG appliances, great storage and good-sized fridge box
European laundry for convenience
Split system for heating and cooling
Timber flooring
Double-glazed windows
Energy-efficient LED lighting
Floor to ceiling tiling in bathroom
Furnished apartment
Dedicated Bicycle storage
Central courtyards and garden areas
Amenities - Rooftop swimming pool, BBQ area, rooftop gardens & kids' play area
Unit: 184
Block: 3 & 4
Section: 7
UP: 14971
Building: 1
Level: 6
Floor space: 55sqm (approx.)
Heating & Cooling: Split system
Year built: 2021
Level: 6
EER: 6.0 stars
General rates: $484pq (approx)
Land tax: $592pq (approx) paid only if rented.
Strata: $821 per qtr (approx.)
Current rental: $620pw
ROI: 7%
End of Lease: 20/11/2025
Disclaimer: Ray White Queanbeyan | Jerrabomberra and the vendor cannot warrant the accuracy of the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally enhanced and styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.
Listing description written by Brad O'Mara, Ray White Queanbeyan — reproduced as published, not verified by Districts.
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