1 Magennis Place, Latham ACT 2615

1 Magennis Place, Latham ACT 2615
1 Magennis Place, Latham ACT 2615 is a 3-bedroom, 1-bathroom house on a 793 m² residential block, built in 1984, with 2 car spaces/2 garage spaces and an estimated building size of 135 m². The property was listed for sale on 18 June 2026 as a house in Latham. quiet cul-de-sac | 3-bed family house | 793m² block | low energy rating This property is competitively strong because it offers a large, usable block in a quiet cul-de-sac, which is increasingly rare in established suburbs. The 1984 build is solid and has been updated, making it move-in ready for a family seeking space without the premium of new construction. Its school catchment and reliable connectivity suit owner-occupiers who value convenience and outdoor area. The house itself is modest in size, but the land-to-building ratio provides genuine potential for future extension or landscaping. This property best serves a family or value-focused buyer who wants a detached home with room to grow, rather than a polished, modern finish. The low energy efficiency rating of 1/10 may affect ongoing costs and could be a negotiating point, especially for buyers conscious of sustainability. The older build and single bathroom might limit appeal to some families, though the updated interior partially offsets this. The large block offers subdivision potential, but any such opportunity would depend on local planning rules, which are not confirmed. Rental yield is reasonable for the area, but the property’s price may be influenced by how much value a buyer places on land versus house condition.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Magennis Place, Latham ACT 2615
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk 2
Execution Risk
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Market Insight

Latham presents as a stable, family-oriented suburb within the established Belconnen district. Demand is anchored by its established school catchments, supporting a consistent turnover of family homes. The market demonstrates robust momentum, with houses transacting swiftly and achieving solid capital appreciation. Future growth will be linked to broader district infrastructure, while its established nature suggests a lower-risk profile with limited new supply.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

793m²

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