39 Barangaroo Street, Chisholm ACT 2905

3-bedroom 1983 house | 730m² block in Chisholm | low 1/10 energy rating | strong rental yield potential This property offers a rare combination of a generous 730m² block and solid 188m² building footprint in a quiet Chisholm street, which is competitively positioned for families seeking space without moving to newer estates. The 1983 construction is now 42 years old but the single-level layout and 4m roof height give it renovation flexibility that newer builds lack. Its strongest buying case is the land-to-building ratio-26% site coverage leaves substantial room for extension or subdivision potential, making it more attractive than comparable 3-bedroom houses on smaller blocks. The property serves best for buyers who want to add value through energy upgrades or a granny flat, given the current low EER and absence of heritage overlays. The critical risk is the 1/10 energy rating, which will cost the owner significantly in heating and cooling-expect $2,500-$3,500 annually in additional energy bills compared to an average-rated home. This also limits rental appeal unless the landlord offsets with lower rent. The unimproved value of $432,000 against a $830,000 estimate suggests the structure itself is valued at roughly $398,000, meaning the buyer is paying primarily for land. Opportunity lies in targeting the rental market at $680pw average, which yields 4.3% gross-above Canberra median. Hold this property for land appreciation and fund a staged renovation to lift the EER to 4-5 stars, which would increase both resale value and rental income by 10-15%.