5/50 Moore Street, Turner ACT 2612

5/50 Moore Street, Turner ACT 2612
Two-bedroom courtyard flat in boutique Turner complex | Smart two-way bathroom design | Strong rental yield potential | Rare private outdoor space in inner north The property’s primary competitive advantage lies in its unusually large courtyard, a scarce feature in inner-north apartment living that extends usable space and appeals to buyers seeking indoor-outdoor flow without a house. The two-way bathroom configuration effectively delivers ensuite access to both bedrooms, a practical layout advantage that differentiates this unit from standard two-bedroom flats. Positioned within a boutique complex of only 50 Moore Street, the building offers a quieter, lower-density environment than larger developments, suiting owner-occupiers and investors targeting professionals or couples who value proximity to Turner’s cafes and city access. The 5-star energy rating and secure garage further strengthen its appeal as a lock-up-and-leave option with lower ongoing utility costs. The primary risk is the body corporate fee of approximately $8,240 per annum, which is material for a two-bedroom unit and must be weighed against the rental estimate of $620โ€“$715 per week to confirm net yield. The property’s recent listing at $615,000+ sits near the lower end of the valuation range, suggesting potential for negotiation if market feedback is soft, but the lack of recent comparable sales in the building limits price certainty. For an investor, the opportunity lies in securing a unit with below-median entry price for the suburb and a layout that commands premium rent; for an owner-occupier, the courtyard and location offer lifestyle value that may offset the higher quarterly fees. The absence of bushfire, flood, or heritage overlays removes environmental risk, and the NBN FTTB connection is adequate for standard use without being a prime driver.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/50 Moore Street, Turner ACT 2612
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Market Insight:

Turner is an established inner-north suburb prized for its proximity to the Canberra CBD. Demand is driven by a young, professional demographic seeking urban convenience, supported by strong recent sales activity. The market demonstrates solid turnover, with houses and units moving at a measured pace. Future growth is underpinned by sustained population increases, though the limited volume of house sales suggests a tightly held market that may constrain supply.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1868mยฒ

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