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ACT › Reid › Cooyong St

U903, 81 Cooyong St, Reid ACT 2612

For saleApartment

$599,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 27 Aug 2026)
  • CalculationIf it leased at Reid's advertised median rent ($430/wk), implied gross yield would be 3.73% — 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

$599,000

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

See the full Reid report →

Total cost to purchase

Purchase Price
$599,000
Stamp Duty (Australian Capital Territory)
$15,677
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
$618,873

$19,873 on top of the price (3.3% 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 Reid's advertised median rent — not a rent for this listing.

Net yield
2.23%
Annual cashflow (pre-tax)
$-17,773
Interest cover (DSCR)
0.43
Annual rent
$22,360
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
3.73%

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$599,000available27 Aug 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 $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.

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 3.7%. 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

Reid in one glance

Reid at a glance

2,063

People

No data

Median sale

$430/wk

Median rent

No data

Suburb gross yield

See the full Reid report →

Keep researching

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

Listing material

Listed by Archer Canberra

Luxury Living with City Center Convenience and Stunning Views - Move-in Ready!

Live the ultimate city lifestyle in this rare and exceptional apartment located in the heart of the City Center. With breathtaking views of Telstra Tower and Parliament House, this north-west facing 9th floor unit in the newly built "Metropol" Complex is the perfect combination of convenience and luxury.

The floor-to-ceiling windows fill the space with natural light, while the spacious balcony provides the perfect backdrop for entertaining guests or simply unwinding after a long day. The master bedroom offers privacy and is separate from the 2nd bedroom.

The open-plan kitchen boasts a modern color scheme, stone benchtops, and top-of-the-line SMEG stainless steel appliances, making it a chef's dream. The bathroom and ensuite are stylishly finished with full-height tiles and high-quality brushed gold tapware.

Read the full description

Located directly opposite the Canberra Center, "Metropol" offers residents a prime location with easy access to restaurants, cafes, shops, medical centers, and public transportation, as well as the Australia National University. The complex features luxury amenities including a rooftop sky-garden and BBQ area, resident lounge with swimming pool.

This is a rare opportunity for down-sizer, first home buyers, and investors! Contact us for more information and confirm your appointment today!

Features:

• Premium City Center location with Canberra Center locate downstairs

• Stunning elevated view to the Telstra Tower, Parliament House and Glebe Park

• Next to the beautiful Rooftop Sky-garden

• Double glazed windows and sliding doors

• Open plan living dining area

• Modern and stylish Color Scheme

• SMEG Stainless Steel Appliance

• Stone Bench top

• Undermount double bowl sink

• R/C Air condition

• European-style laundry including dryer

• Engineered Timber Floor

• Full height tiles in bathroom

• Floating Vanity

• Video Intercom

• Push doors and soft close drawers

• Two Side-by-side Secure car parks with storage unit

• Luxury Resident Lounge with swimming pool

• Bicycle Hub

Particulars (all approx.)

Living: 75 m2 + Balcony: 10 m2

Total: 85 m2

Year Built: 2021

Strata: $1,284/quarter (including sinking funds)

Rates: $558/quarter

EER: 6.0

DISCLAIMER

We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.

Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.

Listing description written by Alex Wang, Archer Canberra — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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