15 Weston Street, Yarralumla ACT 2600

High renovation risk | 2024 price paid above midpoint | Rental yield constrained | Premium location but narrow buyer pool The property was acquired at $2.75 million in mid-2024, a price above today’s estimated midpoint of $2.889 million, implying the current owner faces a capital-loss buffer of roughly $139,000 before breaking even. This gap, combined with a rental yield near the low end of the $1,555–$1,980-per-week range, means immediate resale or holding as a pure investment is commercially weak. The buyer should treat this as a long-term hold for personal use, not a flip or short-term income play. What makes this property defensible is its rarity: a north-facing 481-square-metre block with a private lift, wine cellar, and three-car turntable garage is almost unreplicable in Yarralumla. The ground-floor master suite and upstairs ensuites serve a multigenerational or executive family well. The best buyer is someone who values immediate lifestyle upgrade over short-term appreciation, and who can afford to wait for the suburb’s thin market to align again. Comparable sales show the suburb median for four-bedroom houses is $2.31 million on 25 transactions, with average days on market at 102. The property’s estimated value range of $2.6 million to $3.18 million sits above the median, reflecting its premium features. A buyer would be paying for the lift and turntable as scarcity premiums, not for immediate resale potential.