21 Greene Place, Belconnen ACT 2617

21 Greene Place, Belconnen ACT 2617
21 Greene Place, Belconnen ACT 2617 is a 2-bedroom, 1-bathroom townhouse on a 190 m² lot with 1 car space; it was sold in 2020 for $490,000 and is now being marketed for sale again. The property was listed for sale on 18 June 2026 as a townhouse in Belconnen. The listing copy describes it as a separate title townhouse in a peaceful street with a “well presented” interior and a “blend of comfort, convenience” style positioning. 2 bed townhouse | separate title | 190 m² land | peaceful street | compact low-maintenance layout This property occupies a rare position in Belconnen as a separate-title townhouse on its own 190 m² parcel, offering genuine land ownership without the upkeep of a larger house. The configuration suits buyers who value privacy and a small outdoor area over apartment living, while still benefiting from the convenience of a central suburb. Its strongest appeal is to downsizers or professional households who want a lock-and-leave home with a distinct sense of place, not just a unit in a block. The well-presented interior and quiet street setting reinforce this as a liveable, low-fuss option in a suburb that balances amenity access with residential calm. The 2020 sale price provides a clear baseline, but the current market context and the property’s compact land size may influence how value is perceived. The smaller footprint limits expansion potential and may not attract buyers seeking significant outdoor space or future subdivision options. Its performance relative to larger townhouses or detached homes in the area could narrow the buyer pool, though the separate title and central location might support steady demand. Any price negotiation should weigh the convenience and tenure benefits against the modest land component and typical condition expectations for a property of this age and type.
Detailed Independent Property Report prepared  by PropCred Analyst team for 21 Greene Place, Belconnen ACT 2617
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk 2
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Insight: Belconnen ACT 2617

Belconnen is a well-established commercial and residential hub offering relative affordability and excellent connectivity, attracting young professionals, first-home buyers, and investors. Demand is driven by high rental yields, steady employment in nearby government and retail sectors, and proximity to educational institutions, supported by a tight rental market. Recent price corrections reflect broader interest rate sensitivity, though low sales volume indicates constrained supply. Future stability hinges on sustained rental demand and population growth, with affordability and limited stock presenting ongoing constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

190m²

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