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ACT › Wright › Philip Hodgins St

U77, 40 Philip Hodgins St, Wright ACT 2611

For saleApartment

$630,000

For sale

Asking

3

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $630,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $630,000(Listing record · 25 June 2026)
  • CalculationAsk is 52% below the Wright median recorded sale ($1,310,000, n=7, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wright's advertised median rent ($461/wk), implied gross yield would be 3.81% — 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

$630,000

Asking

No recorded sale for this property.

Wright at a glance

4,757

People

$1,310,000

Median sale

$461/wk

Median rent

1.83%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Wright report →

Vs Wright

-51.9%

Median sale

Suburb $1,310,000

+1.98 pp

Gross yield

Suburb 1.83%

Suburb median $1,310,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$630,000
Stamp Duty (Australian Capital Territory)
$17,016
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
$651,212

$21,212 on top of the price (3.4% 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 Wright's advertised median rent — not a rent for this listing.

Net yield
2.31%
Annual cashflow (pre-tax)
$-18,238
Interest cover (DSCR)
0.44
Annual rent
$23,972
Operating expenses
$9,450
Loan amount
$504,000
Annual interest
$32,760
Gross yield
3.81%

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$630,000available24 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 $461/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 3.8%. 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

Wright in one glance

Wright at a glance

4,757

People

$1,310,000

Median sale

$461/wk

Median rent

1.83%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Wright report →

Keep researching

  • Why Wright? Read the area thesis →
  • What else is on the market in Wright →
  • Other records on Philip Hodgins St →

Listing material

Listed by LJ Hooker Woden and Weston

Must be sold

With firm instructions from the owner, this property must be sold without delay. This is a genuine opportunity for buyers ready to act, and a result to be achieved.

Properties offering this level of space, flexibility and value are exceptionally rare, and buyers are strongly encouraged to inspect immediately. Waiting for another opportunity of this calibre may mean missing out entirely.

Offering a rare and highly functional floorplan, this expansive three-bedroom, three-bathroom apartment has been thoughtfully designed to suit a wide range of buyers, from owner-occupiers seeking house-sized proportions and flexibility, to investors looking to maximise rental potential. With two oversized bedrooms featuring private ensuites and walk-through robes, the layout delivers exceptional separation, privacy and practicality rarely found in apartment living.

Read the full description

Spanning an impressive 121sqm of internal living, the home feels immediately spacious and light-filled, with open-plan living and dining flowing effortlessly onto a spectacular 49sqm covered balcony. Elevated and private, this incredible outdoor space captures sweeping views towards Stromlo and provides the perfect setting for entertaining guests, enjoying morning coffee or relaxing year-round.

At the heart of the home, the modern kitchen combines style and functionality with quality finishes, excellent storage and a walk-in pantry designed to cater for both everyday living and larger gatherings with ease.

Enjoy a lifestyle location moments from the world-class Stromlo Forest Park, the National Arboretum and Cooleman Court, while remaining approximately 10 to 15 minutes from Canberra City, Woden and Belconnen Town Centres.

The instructions are clear: this apartment will be sold. Buyers who recognise the value on offer are encouraged to inspect now and position themselves before this opportunity is gone.

Key Features:

• Top-floor position with elevated outlook towards Stromlo

• Complex includes a swimming pool for residents

• 3 spacious bedrooms, each with its own bathroom

• Ideal layout for shared living or room-by-room rental potential

• 2 bedrooms with ensuites and walk-through robes

• Light-filled open plan living and dining

• Expansive 49sqm covered balcony perfect for entertaining

• Modern kitchen with walk-in pantry and ample storage

• Generous proportions throughout with excellent storage solutions

Figures:

• Living area: 121m²

• Balcony: 49m²

• Garage: 59m²

• General Rates: $267 PQ approx.

• Land Tax (Investors only): $1,068 PA approx.

• Strata (incl. sinking fund): $2,274 PQ approx.

• Rental Estimate: $730 - $750 PW approx.

• EER: 6.0 Stars

Listing description written by Charles Martin, LJ Hooker Woden and Weston — 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.