67 Hannan Cres, Ainslie ACT 2602

Owner-occupier street | renovation canvas in a top-tier suburb | 664m² block with single-bathroom discount | 56-year family home ready for reimagining This property offers a rare combination of a generous 664m² block in a tightly held crescent where 80% of neighbours are owner-occupiers, and a floor plan that has been preserved for over five decades. The single-bathroom configuration places it below the median for Ainslie’s three-bedroom stock, which creates a genuine entry discount for buyers willing to renovate. North Ainslie Primary and Dickson College within half a kilometre reinforce its appeal to families seeking walkable catchment access. The unimproved land value of $887,000 anchors the proposition firmly in land rather than building, which is the correct lens for a property of this age. The primary risk is the energy efficiency rating of 1, which signals poor insulation and likely high heating costs until upgrades are made. The street’s low turnover—only four recent sales—means price discovery may be limited and comparable evidence thin. However, this illiquidity also protects values in a softening market where Ainslie has seen a 6.1 percent decline. The opportunity lies in the bathroom count: adding a second bathroom and modernising the kitchen could lift the property into the upper quartile of Ainslie’s three-bedroom market. Buyers should budget for a full services check given the home’s age and inspect for structural soundness before bidding.