272 Northbourne Avenue, Dickson ACT 2602

Post-war modernist maisonette | rare 2-bedroom floorplan in Dickson | heritage precinct with low supply | 5.5 EER and compact lot. The buying case rests on scarcity: this is a maisonette from a recognised 1959–1962 development, not a standard townhouse, and only five to six houses are currently for sale in Dickson. The 101m² internal footprint with two bathrooms and two carports is unusually efficient for a 138m² lot, and the heritage overlay protects the precinct from overdevelopment, which should hold resale value. Best suited to a buyer who values architectural provenance over square metres, or an investor targeting the $765pw rental bracket with a medium EER that avoids the worst energy penalties. The main risk is the lot size: 138m² limits future subdivision or extension, and the heritage overlay adds approval cost and timeline friction. The $950,000+ listing sits near the upper end of the estimated $880,000–$1.04m range, so there is limited short-term arbitrage. However, the 5G coverage and FTTP-ready NBN reduce vacancy risk for tenants. Buyers should treat this as a hold for capital preservation in a supply-constrained inner-north suburb, not a flip.