26 Turbayne Cres, Forde ACT 2914
26 Turbayne Cres, Forde ACT 2914
Forde | 4 bed stand-alone house | 387sqm block | 5.0 EER | $3k+ annual rates
The property carries a 50% building coverage ratio, which compresses future extension potential and places a structural cap on capital uplift compared to larger blocks in Forde. Land tax liability at $6,132 per annum if rented directly erodes net yield, making this house better suited to an owner-occupier than an investor. The unimproved value of $536,000 against a market estimate near $1 million suggests the dwelling itself carries significant depreciation risk over time. Decision: buy only if you intend to occupy and hold for seven to ten years; avoid for short-term flipping or rental arbitrage.
What matters competitively is the 5.0 EER rating and fibre to premisesβthese reduce ongoing utility costs and future-proof resale appeal among efficiency-conscious buyers. The 154sqm living area on a compact single-level footprint suits downsizers or small families who want lock-and-leave convenience without strata fees. Who this serves best: a professional couple or family prioritising low-maintenance living in a newer Gungahlin pocket with established parks and schools nearby.
The real edge here is scarcity of stand-alone houses under 400sqm with above-average energy ratings in Fordeβcomparable stock typically sits at 4.0 or below. If your strategy is to minimise land tax exposure and maximise functional space per square metre, this option deserves a site inspection to confirm ceiling heights and natural light patterns, both of which dictate livability more than any number on a page.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Forde presents as a stable, family-oriented suburb with a balanced market. Demand is driven by owner-occupiers seeking spacious homes, evidenced by consistent sales activity. Recent price trends show a period of stabilisation following earlier adjustments, with current conditions characterised by moderate selling times and a tight rental vacancy. Future growth will be influenced by local supply dynamics, while a key constraint is the sensitivity of buyer activity to broader market listings and interest rate environments.