4/3 Felstead Vsta, Denman Prospect ACT 2611
4/3 Felstead Vsta, Denman Prospect ACT 2611
2-bed townhouse with double parking | Ensuite and garage in a strata complex | Modern executive finish | Strong rental appeal for downsizers or professionals
This property’s configuration is competitively strong for its suburb. A two-bedroom townhouse with two bathrooms and two dedicated car spaces, including a private garage, is not common in Denman Prospect’s newer stock. The executive finish and energy rating of 6.50 suggest it was built to a higher standard, which supports both owner-occupier comfort and tenant appeal. It sits within a low-rise strata estate on a larger land holding, so the outdoor maintenance is minimal. The property is best suited to professionals or downsizers who want modern, lock-up-and-leave housing with good access to Canberra’s employment areas. Its two-car accommodation and ensuite also make it attractive to investors targeting tenants seeking premium rental accommodation.
Several factors may materially affect the property’s value. Its position within a larger strata complex means owners have limited control over site decisions and shared costs. The absence of a confirmed build year and orientation means the buyer should verify natural light and thermal performance before committing. The rental listing price of $850 per week is high for a two-bedroom townhouse in this suburb, so a buyer should check whether current rent aligns with achievable market returns. The property’s configuration is strong, but the lack of a private garden or balcony may limit appeal for some households. A buyer should also confirm the strata fees and any upcoming levies, as these can directly affect holding costs and resale value.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/3 Felstead Vsta, Denman Prospect ACT 2611
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Denman Prospect is a high-growth suburb attracting young, high-income professionals, evidenced by its dominant demographic and above-average household earnings. Demand is driven by this affluent cohort seeking modern housing, with units experiencing particularly strong capital growth and faster sales, indicating robust demand at more accessible price points. The market shows sustained house price appreciation, though broader constraints on borrowing capacity and a significant national housing supply shortfall present headwinds for future growth momentum.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
2.11 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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