51 Alice Jackson Cres, Gilmore ACT 2905

51 Alice Jackson Cres, Gilmore ACT 2905
Original owners | 1,406mยฒ level block | Northerly aspect | Backs green space | Renovation canvas The property presents a rare opportunity to acquire a 1,406mยฒ level block in a tightly held, owner-occupied street, where the original ownersโ€™ tenure signals both pride in place and minimal turnover. The northerly aspect, green space backing, and generous site coverage of only 19% offer substantial scope for extension or reconfiguration, making this house a strong candidate for buyers seeking a renovation project with structural potential rather than cosmetic updates alone. The 6.0 EER and reliable NBN connectivity are supporting features that reduce immediate upgrade pressure, while the auction format and short market exposure suggest sellers are motivated to transact within a defined timeframe. The primary risk is the propertyโ€™s original condition from 1986, which may require significant capital outlay for kitchen, bathroom, and energy efficiency upgrades to meet contemporary family expectations. However, this also represents the opportunity to add value through targeted renovation, particularly given the block size and zoning flexibility. The absence of bushfire, flood, or heritage overlays removes common constraints, and the priority school catchment within 0.3km strengthens long-term family appeal. Buyers should factor a thorough building inspection and cost estimate for core upgrades, as the immaculate presentation may mask underlying maintenance needs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 51 Alice Jackson Cres, Gilmore ACT 2905
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Market Insight:

Gilmore is a tightly held family suburb in Tuggeranong, characterised by established homes on generous blocks. Demand is driven by owner-occupiers, evidenced by rapid sales and a market dominated by family-sized homes. Recent price growth has been robust, supported by very low sales volumes and a severe shortage of available listings, which creates competitive pressure. Future performance will be underpinned by this chronic supply constraint, though affordability pressures present a key risk given current pricing levels relative to local incomes.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

1406mยฒ

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