100 Blamey Cres, Campbell ACT 2612
100 Blamey Cres, Campbell ACT 2612
Rare 926m² RZ2 block | 1958 house, renovated bathroom | low EER 2.5 | gated carport | steps to Campbell shops
The land holding is the primary strength here, with 926m² in an established inner-north pocket where similar detached offerings are limited. Its RZ2 zoning is seen as a genuine development signal, giving the property a dual character: it can be occupied as a comfortable family home with renovated bathroom, built-in robes, and three bedrooms, or carried as a long-term land play. The central position near Campbell shops, hedged frontage, and gated carport add practical appeal. This property suits a buyer who values rare block size and future optionality over turn-key finish, prepared to live with a modest 1958 dwelling.
The low EER of 2.5 may be treated as a negotiation point, and the 1958 build might be found to require upgrades. The carport, rather than a secure garage, could be seen as limiting for some buyers. Conversely, the RZ2 zoning might cause competitive bidding from parties valuing redevelopment capacity, which could lift the final price above what the current house alone would justify.
Detailed Independent Property Report prepared by PropCred Analyst team for 100 Blamey Cres, Campbell ACT 2612
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
Campbell, in North Canberra’s inner corridor, commands a premium position with house medians spanning $1.6m–$1.81m and units at $670k. Demand is led by high-income professionals and managers, with a strong young-professional cohort and a substantial renter segment keeping investor activity live. The price pulse is distinctly negative: house growth ranges from -7.5% to -17.4% over 12 months, units sit at -3.6%, and homes average 79–82 days on market. Annual house sales are thin at 26–41, pointing to a shallow, price-sensitive market. Proximity to the CBD and inner-north school catchments underpin medium-term appeal; affordability constraints and interest-rate exposure remain the offsetting risks, amplified by high entry prices and low turnover.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 100 Blamey Cres ($1.50M recent sale) | 156 Blamey Cres (same-street house) | Listed Price Band: $1.5M-$1.6M | Value Indicator: land size, RZ2 zoning, 1958 condition
Bedrooms
3
Bathroom
2
Parking
2
Land
926m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!