8 Banyule Grove, Conder ACT 2906
8 Banyule Grove, Conder ACT 2906
8 Banyule Grove, Conder ACT 2906 is a 4-bedroom, 2-bathroom house on an 801 m² block with 3 parking spaces and an internal area reported as 201 m²; it was sold in 2024 for $1.06 million and is currently/most recently marketed with a guide around $1.12 million. The property was listed for sale as a house in Conder.
4 bed | large 801m² block | FTTP | family demand | upgraded potential
This property’s strongest competitive edge is its generous land holding on a substantial 801m² block, which is notably larger than many standard suburban house lots in Conder and provides meaningful space for outdoor living, future extension, or landscaping. The four-bedroom, two-bathroom configuration with three parking spaces aligns well with the preferences of established family buyers seeking room to grow without leaving the Tuggeranong area. The presence of fibre-to-the-premises is a practical advantage for modern connectivity demands. The house is best suited to owner-occupier families or upgraders who value space and suburban amenity over proximity to high-density urban centres. Its size and condition suggest it sits above the typical detached house in the suburb in terms of land and parking provision, which may appeal to those seeking a more substantial family property.
The recent 2024 sale price provides a useful reference point, but market conditions may have shifted since then, so the current guide should be weighed against broader market movement. The building’s age and interior finish are not specified, which means the actual condition and quality of finishes could materially affect value if significant updating is required. The larger block may carry higher ongoing maintenance costs, and any slope or easement issues not visible in the data could influence usability or future development potential. The parking count inconsistency across sources suggests caution is warranted when relying on that feature. Buyers should verify the property’s orientation, building condition, and any recent renovations through direct inspection before forming a final view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Banyule Grove, Conder ACT 2906
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Conder presents as a stable, established suburb within Tuggeranong, primarily attracting mature professionals and families, which is reflected in its consistent sales activity. Demand is driven by this demographic seeking larger family homes, evidenced by steady turnover in three and four-bedroom properties. Recent price trends indicate modest growth within a balanced market, with houses selling at a measured pace. Future performance will hinge on broader affordability pressures relative to local incomes and the available housing supply.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
3
Land
801m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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