48 Bunima Cres, Ngunnawal ACT 2913
48 Bunima Cres, Ngunnawal ACT 2913
48 Bunima Crescent is a 3-bedroom, 2-bathroom, single-level house with a 153 m² floor area on a 350 m² parcel, featuring a 2-car garage and a 6-star energy rating.
This property’s competitive strength lies in its above-average configuration for Ngunnawal, where two bathrooms in a 3-bedroom house are less common and signal a higher standard of living. Its single-level layout with an emphasis on natural light suits young families seeking low-maintenance living without stairs. The house’s location within a low-density, modern estate provides quiet streets and strong access to highly rated primary and secondary schools, making it a practical choice for buyers prioritizing education and community. The high rental yield and low vacancy rate also position it as a sound option for investors targeting long-term tenants.
Several factors may materially affect value. The property’s distance from the city centre and limited public transport options could be a constraint for buyers reliant on commuting, potentially narrowing the buyer pool. Traffic on the nearby arterial road during peak hours might also be a consideration for daily routines. However, the ongoing light rail extension and new park developments in the area may enhance future accessibility and lifestyle appeal, which could support price growth. The property’s modern finishes and energy rating are strengths, but buyers should weigh these against the typical trade-off of a smaller land parcel common in newer estates.
Detailed Independent Property Report prepared by PropCred Analyst team for 48 Bunima Cres, Ngunnawal ACT 2913
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
This suburb presents a stable, family-oriented market with a clear price premium for houses over units. Demand is driven by professionals and young families, reflected in the demographic composition and consistent purchaser activity. Recent price trends indicate moderate, steady growth, with houses transacting efficiently, suggesting sustained buyer interest. Future performance will hinge on the suburb’s appeal to this established demographic segment, though its reliance on this core buyer profile presents a concentration risk should their economic circumstances shift.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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