Canberra’s units sat at a median price of $412,500 for the quarter to April 30, according to RP Data.

Attracting gross rental yields of 5.1%, the value of units in the capital city dropped 0.1% for the month. The city also recorded the weakest growth in dwelling values of any capital city in the three month period. 

Property Observer looks at the city’s recent sales to see what $412,500 will buy you.

1. 1/3 FAWKNER STREET, BRADDON
   

   

   A two bedroom, one bathroom apartment sold in March for $412,500. The ground floor unit in the  On Q complex was designed by Architects Ring & Associates, the Koundouris Group, Dezign Team, Cia Landscapes & Design and Archertec Interiors. On Q is situated among many other low rise apartments and townhouses on the tree lined Fawkner Street.
   

   Price: $412,500

   Bedrooms: two

   Drive to CBD: five minutes

   
   
2. 29/41 BLACKALL STREET, BARTON
   
   
   
   This one bedroom, third floor apartment is located on the edge of Canberra’s Parliamentary Triangle. It sold for $410,000 earlier this year. Inside, there are granite kitchen bench tops and a balcony that overlooks the complex’s communal gardens. Body corporate fees will set the owners back $4,110 per year.
   

   Price: $410,000

   Bedrooms: one

   Drive to CBD: six minutes

   
   
3. 125/8 BAUDINETTE CIRCUIT, BRUCE
   
   
   
   Vendors got $427,000 for this Bruce apartment. The unit has two bedrooms and three bathrooms on 104 square metres of indoor floor space, which opens up onto a private outdoor dining area. The air conditioned apartment comes with two secure parking spaces and access to a pool. The buyers can expect to pay $852 in land rates this year.
   
   

   Price: $427,000

   Bedrooms: Two

   Drive to CBD: 12 minutes

   
   
4. 9/25 ASPINALL STREET, WATSON
   
   
   
   Sold for $410,000 in February after 86 days on the market, this three bedroom, two bathroom apartment is located in the North Canberra district of Watson. With two outdoor balconies, the unit is surrounded by greenery near the Mount Majura nature reserve. The vendors purchased the home in late 2005 for $290,000. 
   
   

   Price: $410,000

   Bedrooms: Three

   Drive to CBD: 11 minutes