701/2 Furzer Street, Phillip ACT 2606

701/2 Furzer Street, Phillip ACT 2606
2 bed 2 bath one car | Woden Valley location | strong rental yield potential | established school catchments | future infrastructure upgrades This unit sits in a well-connected part of Phillip, close to Woden Town Centre, Canberra Hospital, and major government offices, which makes it attractive to professionals and investors alike. The two-bedroom, two-bathroom configuration with one car space is a versatile floorplan that suits ownerโ€‘occupiers or tenants. The building is part of a larger modern complex, and the precinctโ€™s planned light rail and CIT expansion are likely to support longโ€‘term demand. Priority enrolment at Garran and Mawson primary schools adds family appeal, while the areaโ€™s substantial apartment stock suggests steady rental depth. The exact floor level and finishes for this unit are not known, so its value may vary markedly depending on whether it offers premium inclusions or a lower specification compared with similar units in the same complex. Orientation and outlook could also affect desirability, especially in a higherโ€‘density setting. A buyer should weigh these unknowns against the strong location fundamentals and the indicative rental yield near 6% when considering price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 701/2 Furzer Street, Phillip ACT 2606
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Market Insight:

This suburb presents a nuanced opportunity, with its market currently in a corrective phase following a period of significant price adjustment. Recent trends indicate a softening in values, particularly for houses, while the unit market has demonstrated greater resilience. Demand appears anchored by investors, attracted by rental yields that remain comparatively robust, suggesting a steady income proposition despite the broader price recalibration. Future performance will hinge on the suburb’s ability to stabilise, with key constraints including a limited sales volume that can amplify market volatility and a lack of clear, proximate demand catalysts from major infrastructure or demographic shifts.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.02 ha

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