26 Ashcroft Cres, Monash ACT 2904
26 Ashcroft Cres, Monash ACT 2904
4-bed family house | compact 414m² block | renovated kitchen and solar | strong rental demand | school catchment location
This property holds a clear competitive edge for families seeking move-in-ready accommodation in a low-density suburb. The four-bedroom, two-bathroom configuration with multiple living areas is uncommon on a block this size, and the renovated kitchen, solar PV, and reverse-cycle cooling lift it above typical unrenovated stock. Its position within priority school catchments and proximity to local services makes it particularly suited to owner-occupier families who value convenience over land area. The efficient layout, at roughly 120m², offers practical living without the maintenance burden of larger older houses, which broadens appeal to downsizers as well as investors targeting mid-range yields.
The build year discrepancy between 1980 and 1992 may influence how buyers perceive structural longevity, though neither age poses immediate concern. The compact block, while efficient, limits future extension potential compared to larger lots in the area, and the 67% building coverage suggests minimal outdoor space for those prioritising gardens. Rental estimates between $800 and $825 weekly indicate solid income potential, but the final price will hinge on how buyers weigh the smaller land component against the renovated interior and energy features. Condition and presentation will likely matter more than raw land size here.
|| Comparable Sales: 7 Ashcroft Cres sold for $880k in 2016; 28 Ashcroft Cres listed at similar size but no settled price | Property Price Band: $1.0M–$1.1M | Value Drivers: renovated kitchen, solar PV, school catchment proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Ashcroft Cres, Monash ACT 2904
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Monash ACT 2904 is an established Canberra suburb where house medians range from $925,000 to $965,000, clustering near $930,000. Demand is driven by established professionals, reflecting a mature, stability-focused market. Prices have risen at reported annual rates between 4.5% and 9.1%, with 55-61 sales over the past 12 months. That limited turnover suggests tight supply. Modest population growth and a professional resident base support future demand, but high entry prices and low stock levels are key constraints.
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PropCred Estimated Value
Comparable Sales: 7 Ashcroft Cres sold for $880k in 2016; 28 Ashcroft Cres listed at similar size but no settled price | Property Price Band: $1.0M–$1.1M | Value Drivers: renovated kitchen, solar PV, school catchment proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
414m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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