12/24 Forbes Street, Turner ACT 2612

12/24 Forbes Street, Turner ACT 2612
Large 153m² apartment | Rare 3-bed 2-car combo | Stable owner-occupier building | FTTP and active | Mid-2000s built A 153 m² three-bedroom apartment with two car spaces is a rare configuration in Turner’s inner-north apartment market, where smaller investor-driven units are more common. The building’s stable owner-occupier profile and mid-2000s construction era are considered competitive strengths. This property serves owner-occupiers or downsizers who require space without moving to a house. FTTP connectivity is a practical advantage and the larger floorplan with EER 6 is strong for its age the walkable suburb position adds further appeal for professional couples. The property’s larger size may affect its price performance compared to typical two-bedroom apartments in the area. Buyers might weigh the potential for future maintenance in a mid-2000s building though no immediate issues are indicated. The unconfirmed aspect could be a point of curiosity for some buyers however the stable owner-occupier tenure suggests good building management.
Detailed Independent Property Report prepared  by PropCred Analyst team for 12/24 Forbes Street, Turner ACT 2612
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Turner ACT 2612

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

3

Bathroom

2

Parking

2

Land

1.74 acres

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Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst