704/5 Garth Close, Phillip ACT 2606

2-bedroom unit | 90m² | priced below median | 25% clearance rate | FTTP connected This unit presents a rare entry point into the Phillip market, priced roughly $83,000 below the local median for two-bedroom units. The 90m² internal footprint is generous for a two-bedroom apartment, providing genuine flexibility for a live-in owner or investor. The Bowen complex and a 6-star energy rating add structural and operational appeal. This property best suits a buyer seeking below-median entry into a well-serviced Woden location, where school proximity and FTTP connectivity support both owner-occupier and tenant demand. The primary risk is the 25% auction clearance rate, signalling soft demand in this segment and potential for extended holding periods. No parking specification and the absence of scheduled inspections may reduce buyer competition, but also indicate limited agent-led marketing. The opportunity lies in negotiating below the $499,000 list price, given the market’s current absorption pace. Private viewings allow a discreet assessment of strata quality and natural light, which are critical for resale in this complex.