120/230 Flemington Road, Harrison ACT 2914
120/230 Flemington Road, Harrison ACT 2914
Modern 2-bedroom with dual parking | 2016 build in Harrison | Strong rental appeal | No overlay constraints
This property presents a competitive buying case through its configuration edge: two bathrooms and two car spaces are uncommon in the 84-square-metre apartment segment, giving it a distinct advantage over typical two-bedroom units in Harrison. The 2016 build year ensures modern construction standards and lower immediate maintenance risk, while the absence of bushfire, flood, or heritage overlays removes common due diligence concerns. This unit best suits an investor seeking above-average rental demand or an owner-occupier who prioritises parking and bathroom count over sheer floor area.
The discrepancy between 74 and 84 square metres warrants verification against strata records, as this affects per-square-metre valuation and resale comparability. Body corporate levies and sinking fund health remain unconfirmed and could materially alter holding costs. The 2020 purchase price of $431,000 suggests meaningful capital growth, but recent comparable sales within the complex should be checked to confirm current market positioning. Connectivity advantages such as FTTP and 5G support long-term appeal but are not primary value drivers for most buyers.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 120/230 Flemington Road, Harrison ACT 2914
Market Insight:
This suburb presents a nuanced market, with its housing segment positioned at a premium level compared to more accessible unit pricing. Recent price trends indicate a period of adjustment across both property types, with houses experiencing a longer sales period. Current demand appears tempered, reflected in moderate sales volumes, though specific drivers remain undefined. Future growth will depend on emerging catalysts, while the market navigates its current phase of recalibration.