8/15 Dickins Street, Forde ACT 2914

Waterfront townhouse | 4-bed tri-level | dual master suites | family suburb Forde The property’s primary advantage is its waterfront position within a townhouse complex, offering unobstructed water views from every level-a configuration that is genuinely rare in this price bracket. The dual master suites with walk-in robes and ensuites provide functional separation for families or guests, while the three distinct living areas across 280m² under roof give it the feel of a detached house. This property is best suited to owner-occupier families who prioritise space and outlook over land size, as the shared 3,430m² lot limits private outdoor potential but keeps maintenance low. The fresh interior and ducted air conditioning remove immediate renovation costs, and the 5.0 EER is acceptable for a townhouse of this age and size. The main risk is the listing price sitting above the estimated value of $1,035,000, which may require negotiation given the property has been on market for only 10 days and is vacant-indicating motivated selling. The 56% auction clearance rate for 4-bedroom houses in Forde suggests a softening market, and the median price of $1.2m for houses means this townhouse must trade on its water views rather than land value. Rental potential of $715 per week offers a gross yield of approximately 3.5%, which is moderate but supported by strong school catchment demand and 73% family demographic in the suburb. Buyers should target an offer near the estimated value and hold for medium-term family use rather than short-term flipping.