Phillip at a glance
7,528
People
$640,000
Median sale
$440/wk
Median rent
3.57%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
ACT › Phillip › Melrose Dr
$399,000
For sale
Asking
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
$399,000
Asking
No recorded sale for this property.
Phillip at a glance
7,528
People
$640,000
Median sale
$440/wk
Median rent
3.57%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Vs Phillip
-37.7%
Median sale
Suburb $640,000
+2.16 pp
Gross yield
Suburb 3.57%
Suburb median $640,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$12,162 on top of the price (3.0% 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 Phillip'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 $440/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 5.7%. 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
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
Phillip at a glance
7,528
People
$640,000
Median sale
$440/wk
Median rent
3.57%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Woden and WestonPositioned within the highly regarded WOVA complex, this stylish ground-floor apartment offers the perfect blend of modern design, lifestyle convenience, and strong investment opportunity. Thoughtfully designed to maximise space and natural light, the home features floor-to-ceiling windows and a seamless connection to a generous courtyard - creating an inviting indoor-outdoor flow ideal for both relaxing and entertaining, rarely found in an apartment.
Inside, the intelligently crafted floorplan enhances functionality, incorporating a dedicated study space - perfect for those working from home or seeking additional flexibility. The open-plan living and dining area is complemented by a sleek galley-style kitchen, complete with stone benchtops, quality appliances, and ample storage.
The bedroom is well-proportioned with mirrored built-in robes and floor to ceiling windows to maximise natural light from the living area. It is well positioned adjacent to the bathroom including large shower and quality fixtures and fittings. Reverse cycle heating and cooling ensure year-round comfort, plus a separate euro laundry and linen closet complete the picture.
Adding to its appeal, the property is currently leased at $500 per week until December 2026, offering a secure and immediate return for investors. A standout feature is the courtyard's direct access to Melrose Drive via a secure, lockable gate, providing exceptional convenience for those who enjoy an easy walk into Woden Town Centre, nearby government offices, and surrounding amenities.
Residents of WOVA enjoy access to an exceptional suite of resort-style amenities, elevating everyday living to something truly special. Whether you're an astute investor or a buyer seeking lifestyle and location, this is an opportunity not to be missed.
Features:
- Ground-floor apartment with seamless indoor-outdoor living
- Private courtyard with secure, lockable gate and direct access to Melrose Drive
- Open plan living and dining with full-height windows
- Well-appointed kitchen with stone benchtops, electric cooking, dishwasher & storage
- Dedicated study space for work-from-home flexibility
- Spacious bedroom with mirrored built-in robes and floor to ceiling internal windows
- Reverse cycle heating and cooling unit
- European laundry with dryer
- CAT 5 cabling
- 1 secure car space plus storage cage with lift access
- Currently leased at $500/week until December 2026
WOVA Resident Amenities:
- Lap pool & sauna
- Fully equipped gym
- Private cinema
- Co-working spaces
- Rooftop terrace
- Bar, club lounge & chef's kitchen
Living size: 50m2 living + 18m2 courtyard (approx.)
Rates: $392.75 p.q (approx.)
Land tax: $452.70 p.q (approx.)
Body corporate: $700 p.q (approx.)
Construction: 2024
EER: 6 stars
Listing description written by Jane Macken, LJ Hooker Woden and Weston — reproduced as published, not verified by Districts.