406/258 Northbourne Avenue, Dickson ACT 2602

Medium energy rating | short market time | no prior sale data | suburban unit yield The property sits in a 79-unit building with 80% owner-occupancy, which reduces turnover risk and supports stable capital growth, yet the medium energy rating of 6/10 may narrow the buyer pool among efficiency-conscious purchasers and could require retrofit investment within five years. Given the estimated value of $621,000 and the listing at $620,000, there is minimal immediate arbitrage; however, the rental yield of 5.7% at the midpoint range offers a solid hold strategy for an investor seeking neutral cash flow in a tight inner-north market. The competitive case rests on the Dickson 2-bed unit median of $609,500, against which this property prices slightly above market but benefits from Opticomm Fibre to the Premises, a feature that supports remote work demands and differentiates it from older stock in the suburb. This flat best serves a professional couple or investor looking for a low-maintenance position near Lyneham High and North Ainslie Primary, where long-term resident data indicates tenant stability. To proceed, request the full contract and sales history for unit 406 to validate the absence of a prior sale drag, then compare against the building’s unit 508 sale to confirm yield trajectory. Comparable sales data: Unit 508/258 sold at $680,000 in March 2025 with a 5.05% yield at $660/week, and unit 506/258 is offered above $575,000. This positions unit 406’s $620,000 listing near the building’s lower quartile, suggesting a value entry if the physical condition aligns with the median rating.