15 Elia Ware Cres, Bonner ACT 2914
15 Elia Ware Cres, Bonner ACT 2914
Compact 3-bed house | ~250m² block | Single-level modern build | North-facing | School catchment edge
This house holds a clear competitive edge for buyers prioritising a low-maintenance, single-level layout on a modest footprint. Its 2012 construction, north-facing aspect, and open-plan interiors make it a practical, energy-conscious choice in a suburb where most detached stock skews toward larger, older family homes. The compact land size and efficient internal design suit first-home buyers entering the detached market, downsizers seeking to simplify without leaving suburban amenity, and investors drawn to steady rental demand near schools and transport. For these buyers, the property’s strength lies in its immediacy—move-in ready, modest upkeep, and positioned within a well-connected northern Canberra pocket.
Value may be shaped by the interplay between its smaller land component and the premium buyers often place on 4-bedroom, 2-bathroom configurations common in the area. The single bathroom and one-car garage could narrow appeal among growing families, while the high site coverage might limit future extension options. Conversely, the low-maintenance yard and efficient floorplan may justify a price closer to larger homes for those prioritising convenience over space. School catchment boundaries and the suburb’s continued maturation could also influence demand, though these factors remain contingent on market conditions at time of sale.
|| Comparable Sales: 36 Elia Ware Cres sold $555,000 in 2015; 42 Elia Ware Cres marketed near $1.1M | Property Price Band: $700K–$800K | Value Drivers: Modern condition, north-facing orientation, compact land size
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Elia Ware Cres, Bonner ACT 2914
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Bonner sits in Gungahlin, north Canberra, a family-oriented suburb with a young median age of 34 and a professional, high-income base. The median house price is $960,375, up 7.91% annually, but 3-bedroom homes sit at $770,000 and 4-bedroom homes at $1,020,300. Demand is driven by families aged 30-39 with bachelor qualifications; sales are steady at 96 per year, with 3-bedroom properties taking 48 days to sell and 4-bedroom properties 37 days. A 9.05% population rise since 2016, strong infrastructure links via Gungahlin Drive and potential light rail, and a high household income underpin future growth. Risks include affordability limits from high prices, constrained supply from low turnover, and interest-rate sensitivity among professional buyers.
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PropCred Estimated Value
Comparable Sales: 36 Elia Ware Cres sold $555,000 in 2015; 42 Elia Ware Cres marketed near $1.1M | Property Price Band: $700K–$800K | Value Drivers: Modern condition, north-facing orientation, compact land size
Bedrooms
3
Bathroom
1
Parking
1
Land
249m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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