Reid at a glance
2,063
People
No data
Median sale
$430/wk
Median rent
No data
Suburb gross yield
$1,100,000
For sale
Asking
3
Bedrooms
2
Bathrooms
3
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
$1,100,000
Asking
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
$47,546 on top of the price (4.3% 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 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 2.0%. 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 Linc Property GroupPenthouse Living Overlooking Glebe Park
Positioned on the upper level in a highly convenient Reid location, this spacious three-bedroom penthouse offers an impressive combination of space, natural light and inner-city convenience. With 105m² of internal living plus a 21m² terrace, the residence provides a generous layout rarely found this close to the Canberra CBD.
The heart of the apartment is the expansive open-plan living and dining area, where full-length windows invite abundant natural light and create a seamless connection to the outdoor terrace. Overlooking the greenery of Glebe Park, the terrace provides an ideal setting for morning coffee, relaxed outdoor dining or simply enjoying the outlook.
The contemporary kitchen integrates effortlessly with the living space and features an induction cooktop, quality appliances, generous bench space and excellent storage, making it equally suited to everyday living and entertaining.
Accommodation comprises three well-proportioned bedrooms, all with built-in robes, complemented by two bathrooms and ample built-in storage throughout. Reverse-cycle heating and cooling ensures year-round comfort, while the separate European-style laundry adds further practicality.
One of the property's greatest advantages is its exceptional location. Canberra Centre, Glebe Park, the CBD, ANU, Braddon's dining and entertainment precinct, public transport and Lake Burley Griffin are all within easy reach, offering an enviable lifestyle where much of Canberra can be enjoyed without the car.
Property Features
Penthouse apartment in a sought-after Reid location overlooking Glebe Park
Three bedrooms with built-in robes
Two bathrooms
105m² internal living area
21m² terrace
Spacious open-plan living, dining and kitchen
Excellent natural light through full-length windows
Contemporary kitchen with induction cooktop, quality appliances and generous bench space
Ample built-in storage throughout
Separate European-style laundry with dryer
Reverse-cycle heating and cooling
Three secure underground car spaces
Secure residential complex
Residents' communal swimming pool
Outstanding proximity to Canberra CBD and lifestyle amenities
Location Highlights
Approximately 3 minutes' walk to Glebe Park and 8 minutes' walk to Canberra Centre, with Braddon's renowned dining precinct also within walking distance. ANU is approximately a 4-minute drive, Lake Burley Griffin around 6 minutes and Mount Ainslie approximately 8 minutes by car.
Outgoings
Rates: $580 per quarter
Land Tax: $740.01 per quarter (if applicable)
Strata: $1,451.10 per quarter
Internal Area: 105m²
External/Terrace Area: 21m²
Listing description written by Charlie Chen, Linc Property Group — reproduced as published, not verified by Districts.