11 Beeston Street, Macgregor ACT 2615

11 Beeston Street, Macgregor ACT 2615
3-bed house | 780mยฒ block | 100% owner-occupied street | Macgregorโ€™s 93% clearance rate The propertyโ€™s primary competitive strength is its 780mยฒ block on a street with 100% owner-occupancy and no renters, which signals a tightly held, stable enclave where turnover is low and resident commitment is high. For a buyer seeking a family home in a proven market, this configuration offers a rare combination of land size and neighbourhood quality, reinforced by Macgregorโ€™s 93% auction clearance rate and a gross rental yield of 4.30% that supports future flexibility. The property is best suited to owner-occupiers who value long-term positioning over immediate flip potential, particularly those with school-age children given the proximity to Macgregor Primary School at 1.0 km. The main risk is the absence of recent comparable sales at this exact address, which means the buyer must rely on the broader street profile and the $865,000 sale of a 3-bedroom unit at 1/21 Beeston Street as a reference point rather than a direct match. The opportunity lies in the blockโ€™s dual-occupancy precedent on the street, which may allow for future subdivision or a granny flat, though this requires confirmation through council checks. The low vacancy rate of 0.52% to 0.97% and strong rental demand reduce downside risk, but the buyer should attend the inspection to assess the houseโ€™s condition and any deferred maintenance before bidding.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11 Beeston Street, Macgregor ACT 2615
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Market Insight:

Macgregor is an established family suburb with consistent owner-occupier demand, reflected in steady sales and resilient house price growth. The market is characterised by a high rate of home ownership, though a significant mortgage presence indicates sensitivity to interest rate changes. Low rental vacancy underscores solid investor interest, supporting a balanced market. Future performance will hinge on broader affordability pressures and the suburb’s appeal to middle-income families seeking accessible Belconnen amenities.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

780mยฒ

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