5/117 Redfern Street, Macquarie ACT 2614

5/117 Redfern Street, Macquarie ACT 2614
One-bedroom apartment in a 2014 building | secure parking, pool and gym access | opposite Jamison Plaza | suited to investors or professionals seeking low-maintenance living. This apartment offers a functional layout with a separate study and balcony, supported by a modern build and an EER of 6.0. Its position directly opposite Jamison Plaza and near Belconnen provides strong tenant appeal for professionals or downsizers, with secure parking and facilities adding convenience. The property sits in a well-served location with school catchment access, though its one-bedroom configuration limits family buyer demand. Strata fees of approximately $1,320 per quarter are a meaningful ongoing cost that reduces net yield for investors. The price picture across sources is inconsistent, so fair value cannot be relied on from the visible evidence alone. Whether the study can realistically function as a second bedroom for rental purposes requires verification.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/117 Redfern Street, Macquarie ACT 2614
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Market Insight:

Macquarie is a well-established suburb anchored by a professional demographic, creating a stable and aspirational residential market. Demand is driven by this young professional cohort, supported by a tight rental market and very low vacancy rates. The housing market demonstrates solid capital growth, though supply constraints are evident across both houses and units. Future growth is underpinned by sustained demographic demand, yet affordability pressures may emerge as prices consolidate at higher levels.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

3410mยฒ

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