97 Mackenzie Street, Hackett ACT 2602

3-bedroom house | 1128m² block | Hackett’s low turnover | long-term owner suburb The property’s primary competitive edge is its land size on a street where 85% of residents are owner-occupiers and turnover is minimal. A 1128m² block in a suburb with only 28 three-bedroom sales this year and an 86% auction clearance rate signals constrained supply. The house serves buyers seeking land banking or future subdivision potential in a stable, family-oriented pocket of the inner north. The main risk is the modest single-bathroom configuration, which limits appeal to downsizers or families who may discount the property. However, the land-to-improvement ratio is favourable for a buyer willing to hold and potentially redevelop. The 2010 last sale date suggests limited recent capital improvements, meaning the house likely requires updating-this is an opportunity to add value below the median $1.24m three-bedroom price point. Hold for land appreciation or renovate to align with the street’s premium sales, such as the $3.1m transaction at number 67.