5 Rubeo Street, Forde ACT 2914

4 bed family home | Forde 613m² | RZ1 zoning | auction 22 May The property sits on a full 613m² block with a 230m² floorplan, giving it a solid size advantage over newer infill stock in Forde. The RZ1 zoning and FTTP connection support long-term owner-occupier appeal, while the study and ensuite configuration suits professional couples or families with school-age children. The street shows 90% owner occupation, low turnover, and an auction clearance rate of 56% – all signals of stable demand rather than speculative heat. For a buyer seeking a low-maintenance family house in a catchment for Neville Bonner Primary and Gungahlin College, this holds competitive positioning against similar properties in Gungahlin. The 17-year gap between the 2008 purchase and today suggests limited vendor urgency, but the auction format introduces execution risk if bidding stalls below Domain’s $1.03m–$1.37m range. Land tax at $7,774 if rented cuts into yield, making this better suited for owner-occupation than investment. The unimproved value of $677,000 provides a floor for land component, but the property carries no development upside under RZ1. A buyer should treat this as a hold-and-live proposition, not a trade.